The ITAT Delhi addressed cross-appeals in Amit Gupta vs. ACIT, ruling on Section 54B deduction based on extended return filing dates and clarifying Section 54F exemption for jointly owned ...

The ITR filing date is extended, but missing the July 31 deadline can cost you. Find out the risks, penalties, and why timely ...

Preeti Sharma, Partner, Global Employer Services, Tax & Regulatory Services of BDO India shares her views on tax filing ...

For many of us, Tax Day comes but once a year. For others, taxes come due more often. Freelancers, small business owners and ...

Delhi High Court upholds sentence under section 276C(2) of the Income Tax Act for wilful non-payment of income tax since merely claiming financial inability, without providing any further explanation ...

The release of ITR-2 and ITR-3 utilities is delayed, affecting taxpayers like salaried professionals, HNIs, and freelancers ...

Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...

Filing of Income Tax Returns (ITRs) for the financial year 2024-25 (assessment year 2025-26) is gradually gaining pace. As of ...

Tradies and other small to medium-sized businesses only have a few days to take advantage of the instant asset write-off while it's worth $20,000. (Source: Getty) There are only a few days left before ...

Here is a list of the crucial documents you should start gathering right away to file your income tax return (ITR) for FY ...

I have not been filing my tax return in India after I came to the Gulf. However, during the financial year 2024-25 ...

HMRC has announced a new implementation date (April 2027 instead of April 2026) for the mandatory real-time reporting and ...