Delhi HC reviews CBDT's decision to exclude Transfer Pricing (TP) cases from the extended ITR deadline, an unprecedented departure from past practice. The case addresses the arbitrary denial of relief ...

NRIs selling property in India pay capital gains tax locally, but must also check how gains are taxed in their country of ...

ITAT Jaipur quashed an addition of Rs.14.47 lakh made under Section 69A because the assessment was framed by a Jaipur-based AO who lacked territorial jurisdiction over the assessee residing in Sri ...

The Kerala High Court has recently upheld the applicability of Tax Deducted at Source (TDS) on interest payments made by primary co-operative societies to their members.Justice Ziyad Rahman A A, ...

Banks and cooperative banks are required to report to the Income Tax Department if someone deposits ₹10 Lakh or more during a single financial year.

Learn how interest from savings accounts, including HYSAs and CDs, is taxed. Understand reporting requirements and strategies ...

Justin Baldoni’s $400 million lawsuit against Blake Lively and Ryan Reynolds has been tossed out, but the actor still faces Lively’s sexual harassment and retaliation claims.

Experts warn that South African expatriates risk severe financial penalties or even criminal prosecution if they under-declare income or fail to cease tax residency properly.