The Bombay High Court has set aside a reassessment notice issued under Section 148 of the Income Tax Act, 1961 against a company that had ceased to exist due to conversion into a Limited ...

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 ...

India’s new Labour Codes mark a major shift in worker protections, especially with three powerful reforms that directly ...

Indian service exporters must comply with interconnected GST, Income Tax, TDS, and FEMA rules to legally serve international clients and claim tax benefits.

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

Many taxpayers are still awaiting income tax refunds due to increased scrutiny of deduction claims. The CBDT is working to release remaining refunds, ...

Exciting news for property sellers! Starting April 1, 2027, you can now effortlessly close your Capital Gains Account Scheme ...

Robbers posing as Income Tax and RBI officials looted ₹7.11 crore from an ATM cash van in broad daylight in Bengaluru on ...

JK Tyre, NBCC India, Reliance Power, NTPC Green Energy, CG Power, and Jyoti CNC Automation are other stocks that are likely ...

India’s crypto taxation framework requires reporting of all gains, transfers, and income from virtual digital assets, with a ...

A person might receive the entire refund under Section 87A under the old tax regime if the total income (including capital ...

Taxpayers across India are experiencing income tax refund delays in 2025 even after filing their ITR well on time. According to officials, the income tax refund delays are mainly due to increased ...