ITAT Delhi permits set-off of brought forward long-term and current year short-term capital losses against long-term capital gains, overruling CPC and ...

The app provides an instant breakdown when users input their income, allowances and deductions. It also features Tax ...

The ITAT found the AO's valuation incorrect, emphasizing that FMV must be determined on the date of transfer, leading to the restoration of the long-term capital loss for the ...

Facing delay in Income Tax refund? Know how to check refund status on the IT portal, reasons for delay, processing timeline, ...

Explore the nuances of Capital Gains Tax vs Income Tax, their impact on financial planning, investment strategies, and ...

Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...

The CBDT has empowered the Income Tax Commissioner at Bengaluru's CPC to directly rectify assessment order mistakes under ...

In a significant win against the Income-Tax Department, Bollywood actor Aishwarya Rai Bachchan has won a ₹4 crore dispute in the Income Tax Appellate Tribunal (ITAT) Mumbai.

Confused by tax on crypto gifts, airdrops, or staking rewards in India? Our guide breaks down the two-step tax rule, explains ...

Florida’s proposed property tax overhaul could save the median Broward homeowner $2,421, but an analysis shows Broward’s ...

Feds proposed changes to flow-through shares, which allow investors and charitable donors to make tax deductions Last week’s ...

New charitable giving tax rules will soon lower your deduction for donations to charity — here’s what you should do now.