Income Tax
Cryptocurrency taxation in India involves 30% tax on profits, 1% TDS on transactions, and mandatory reporting in your income tax return. Here's everything you …
Income Tax
As India's tax filing season approaches, artificial intelligence tools promise to simplify returns but also introduce new risks. Understanding both benefits and pitfalls is …
Income Tax
The Income Tax Department has introduced Kar Saathi, a new digital platform offering 24×7 AI-powered assistance to simplify tax filing and address taxpayer queries …
Income Tax
The Income Tax Department has challenged a tribunal's decision granting Cummins India relief of ₹211 crore, taking the dispute to the Bombay High Court. …
Income Tax
The Income Tax Department has outlined seven essential guidelines for taxpayers filing their returns, covering everything from choosing the right tax regime to e-verification. …
Income Tax
The Income Tax Department has challenged an ITAT ruling favouring Cummins India, escalating the dispute to a higher judicial forum. This move highlights ongoing …
Income Tax
Understanding different types of income tax notices and filing your ITR correctly can help you avoid unnecessary scrutiny from tax authorities. Here's what every …
Income Tax
Understanding income tax notices and filing your ITR correctly can help you avoid scrutiny from the Income Tax Department. Here's what every Indian taxpayer …
Income Tax
The Reserve Bank of India has intensified its advocacy for a complete cryptocurrency ban while income tax authorities highlight growing concerns over tax evasion …