● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...

ITAT Mumbai ruled that stamp duty rules under Section 50C do not apply to the transfer of a life interest in family trust ...

The issue was whether personal capital could be compared with partnership capital to infer unexplained credits. The Tribunal held the comparison flawed and upheld deletion of the Section 68 ...

This case involved reassessment completed without serving the mandatory scrutiny notice. The Tribunal ruled that such omission is not a curable defect and invalidates the proceedings. The decision ...

If you were asked who pays income tax, you would undoubtedly say, "Those who earn more than a certain limit." Now, imagine, ...

IIFL Finance shares drop 15% after Income Tax audit directive; founder calls it a standard procedural step amid ongoing assessments.

The Income Tax Appellate Tribunal (ITAT) Mumbai ruled in favour of a taxpayer whose Rs 5.6 lakh in foreign currency was ...

With the Union Budget just around the corner, attention is firmly fixed on North Block as corporate India looks for cues on ...

In an increasingly interconnected global economy, the rules governing international taxation are undergoing a profound transformation. ..

Income Tax Act, 1961 allows 2 house property to be declared as Self occupied while all others are compulsorily required to be ...

You can elect to open Trump accounts for children via Form 4547 when filing tax returns this season. Here are the key things ...

Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR; NYSE American: ITRG) is pleased to provide an interim operational update for the fourth quarter ended December 31, 2025 (the "fourth ...