The Tribunal held that the appellate authority cannot go beyond the issue of TDS credit in a section 143(1) appeal. By directing taxation of entire salary, it effectively enhanced income without ...
March deadlines: advance tax payments due March 15, TDS certificate issuance by March 17, and international tax reporting by ...
India to implement a new direct tax framework from April 1, 2026, replacing the Income Tax Act, 1961, to simplify compliance ...
The Income Tax Act, 2025 replaces the old 1961 law from April 2026, streamlining compliance, revising deadlines, ...
India's tax system is becoming increasingly stringent and digitized. Consequently, regulations such as TDS (Tax Deducted at ...
On March 20, 2026, in New Delhi, Union Finance Minister Nirmala Sitharaman introduced PRARAMBH 2026, a national awareness exercise of the Income Tax Department to educate the citizens about the Income ...
Expert tax advice on navigating Indian income tax rules for 2026, including dividend taxation, interest penalties for missing ...
The Income Tax Department has introduced major changes to income-tax form numbering under the Income Tax Rules, 2026, ...
The 2025 Act replaces multiple forms with simplified, category-specific formats. It streamlines compliance while retaining ...
Income-tax refunds declined in FY26, with CBDT data showing refunds of ₹3.11 lakh crore as of January 11 compared with ₹3.75 lakh crore in the corresponding year-ago period — a decline of 16.92 per ...
India has not introduced any changes to its controversial tax deducted at source (TDS) policy that is affecting the crypto industry. The nation's finance minister Nirmala Sitharaman revealed the ...