Moreover, the tribunal addressed the issue of immunity sought by DACSS Granites Pvt. Ltd. under Section 270AA (2) of the Act.

Conclusion: Assessee was entitled to the exemption under Section 10A as ex-post facto approval granted by the RBI, the ...

Finance Minister Nirmala Sitharaman in Budget announced new tax slabs in the new tax regime 2025, making it so that there is ...

The simplification of ITR forms has been a welcome change for NRIs. However, e-verification of ITR form to successfully ...

HMRC says you may get a simple assessment letter if you: owe income tax that cannot be automatically ... and you can either fill out its online form, use the online chat function, or get in ...

The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.

Switching between the Old Regime and the New Regime is possible for individuals, allowing their annual tax regime to ...

Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

What you need to file a self assessment tax return as HMRC deadline fast approaches - Returns must be submitted and paid by ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners.

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...