Dabur India Ltd. has received a ₹110.33 crore income tax demand for FY 2017-18. The company plans to appeal the order, claiming the demand was miscalculated.
The Income Tax Appellate Tribunal (ITAT) Mumbai found the reassessment invalid, emphasizing that Section 147 requires a ...
Today marks the beginning of the new financial year 2025-26. With the new year, a lot of changes are effective. This includes ...
Individuals opting for the New Tax Regime for FY 2025-26 will enjoy a tax-free income threshold of Rs 12 lakh. This change is part of the revised tax slabs announced in February, significantly ...
Contributions up to Rs 1.5 lakh in a year in PPF (Public Provident Fund) are eligible for tax deductions under Section 80C, ...
Starting April 1, 2025, individuals opting for the new income tax regime won't pay taxes on taxable income up to Rs 12 lakh.
Businesses that own, lease, or charter aircraft should prepare for increased IRS scrutiny by closely reviewing their ...
How will DOGE and the Trump Administration's cuts to federal workers affect the IRS and you getting your tax return?
ITAT Chennai held that exemption under section 11 of the Income Tax Act is allowable inspite of certain errors while filing form 10B since the claim is supported by audited financials, revised audit ...
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From April 1, 2025, individuals with a tax income of Rs 12 lakh or less in the new taxation regime will not have to pay any tax.
Section 80G of the Income-tax Act allows taxpayers to claim deductions for donations to specified institutions under the Old ...
The new income tax slabs will be applicable from April 1, 2025. Further, there will be no income tax on incomes up to Rs 12 ...
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