Retired govt employee claims Rs 20 lakh gratuity exemption; tax dept imposes Rs 2.2 lakh penalty; ITAT Cochin rules in his ...

Mr. Gupta, a landlord, has won a significant case in the Himachal Pradesh High Court. Tenants had claimed ownership based on ...

Missing the tax audit filing deadline can result in penalties, increased scrutiny, and delays in refunds. Many taxpayers are ...

Both staking and mining are good things to do to enhance your crypto holding—but with different tax burdens. As Crypto Tax ...

Legally bringing down Crypto Tax in India is simply a matter of knowing the rules, staying compliant, and having a clever ...

The central issue was the validity of a reassessment that led to additions for bogus purchases and unexplained cash. The ITAT confirmed the entire reassessment was void because the AO failed to issue ...

A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...

Gaighat’s Komal Singh, just 30 years old, lists assets worth Rs 29.55 crore along with a massive loan of Rs 15.18 crore. She ...

Understand GST Rule 86B, its 1% cash payment rule, applicability, exceptions, calculation steps, and impact on businesses exceeding ₹50 lakh monthly ...

As the famous saying goes, there are only two certainties in life: death and taxes. And every taxpayer should be aware of major changes to the tax code for the 2026 tax year. These include the tax ...

The Income Tax Department has shown a noticeably proactive approach in processing refunds considering the Diwali festive ...

A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax ...