Advance tax is applicable when the total tax liability for a financial year exceeds Rs 10,000. It is computed based on the ...

Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...

Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to pay tax for income up to ...

Form 16 is a crucial document for salaried employees in India, particularly as the income tax return (ITR) filing season for ...

The tax authorities use a risk management strategy (RMS) to flag high-risk non-filers, said the department.  This system ...

Every year, while filing (ITR), taxpayers face a common dilemma, should they choose the new tax regime or stick to the old ...

You can switch between the old and new tax regimes every year if your income comes from salary, interest, or rent ...

This type of income tax notice is coming soon to these identified persons relating to AY 2019-20, 2020- 21 and 2021-22; Know ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

SRIDHARAN: Both Husband and Wife are having Long Term Capital Gains from sale of listed shares and redemption of units of ...

The court emphasised that TP analysis must adhere to the arm's-length principle, be based on the specific facts of each ...