The Income Tax Return (ITR) filing deadline for AY 2025-26 has ended for non-audit taxpayers on September 16, 2025. If you ...

Guy sells land, gets Rs 10 lakh capital gains, files no ITR admitting this income, wins case in ITAT Chennai for this reason ...

Understand the income tax implications of Diwali gifts from vendors (electronics, vouchers), whether GST is included in stamp ...

Agricultural income is fully exempt under Section 10(1), but it must be included for rate purposes. This means that it is added to your total income to compute the tax rate applicable to your regular ...

The Black Money Act mandates Indian residents to disclose foreign income and assets, imposes heavy penalties for non-disclosure, and has no time limit, emphasizing transparency and compliance with ...

Equity investors can gift shares to children via demat or physical transfer, with no tax for gifts from parents. Future ...

The ITAT ruled against mechanically confirming a large addition under Section 69C, stating that tax authorities must genuinely distinguish between procedural discrepancies and fraudulent inflation.

The ITAT reaffirmed that genuine statutory deductions cannot be denied solely due to technical defects or the absence of a specific column in the ITR form. The Tribunal directed the to allow the ...

Inheritance Funding reports the average estate settlement takes 6-12 months, but debts and disputes can extend the process to years. Best practices can aid efficiency.

Jackson Jr., 60, plans to announce his run for the open 2nd Congressional District seat this week, according to his spokesman ...

Her mother had been in a nursing home paid for by Medicaid. Now, the state wanted its money back: “It was like wild animals ...

Citing a pattern of annual deficit spending and “ongoing financial challenges,” the Urbana City Schools Board of Education ...