The Tribunal held that amounts paid directly to a confirming party did not accrue to the seller and could not be treated as capital gains. The Section 263 revision was invalidated because the ...
Many Indians lose money by not claiming TCS on overseas tour packages, despite credits in Form 26AS. Experts urge better awareness and correct ITR filing.
The Tribunal held that TDS credit cannot be denied when Form 16 confirms deduction and deposit of tax. The AO was directed to grant full credit after ...
India will roll out freshly designed income-tax return forms under the new Income Tax Act, 2025, with the Finance Ministry ...
CBDT Chairman stressed that the department aims to make the new forms straightforward, ensuring taxpayers can comply with ...
New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, ...
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