J&K Branch of the Northern India Regional Council (NIRC) of the Institute of Chartered Accountants of India (ICAI), in ...

ITAT Chennai ruled that gold wastage during ornament manufacturing isn't considered a payment for making charges, so TDS under Section 194C is not ...

From INR-denominated contracts to all-in-one suites, these platforms are revolutionising derivatives access for Indian ...

A simple step-by-step guide for homemakers to file their tax return where they have investment income, rather than salary.

A salaried employee who under-reported half his income due to misreporting by his CA, walked free from a Rs 1.4 lakh tax ...

Cryptocurrencies are categorised as virtual digital assets In India are taxed at 30 percent as per Section 115BHH of the I-T ...

India maintains its 30% crypto tax and refuses approval for Bitcoin ETFs, leaving the sector facing major roadblocks.

The Indian government has formally confirmed that no changes will be made to its existing crypto taxation regime, ...

TDS On Rent: A tenant received the tax penalty of Rs 1 lakh by the income tax department despite paying a regular Rs 55k rent ...

This salaryman got hit with Rs 1 lakh tax penalty as he forgot to deduct and submit TDS while paying Rs 55,000 as monthly ...

India’s Income Tax Department has successfully recovered ₹437 crore from cryptocurrency transactions in FY 2022–2023 by ...

The country’s total gross direct tax collection stood at Rs. 12.31 lakh crore in 2020-21, which rose to Rs. 16.34 lakh crore in the financial year 2021-22, figures compiled by the FinMin stated.