Courts held that exemption cannot be denied merely due to lack of registration if possession and substantial...
Income Tax
Income tax in India is a direct tax imposed on individuals, businesses, and other entities based on their income. Understanding income tax is essential for proper financial planning and compliance with government regulations. This section provides comprehensive resources covering income tax slabs, ITR filing, deductions, exemptions, and the latest updates for FY 2025–26.
Whether you are a salaried employee, freelancer, or business owner, you can explore detailed guides below to learn how to calculate your tax, file returns, and maximize eligible deductions. Stay informed with the latest income tax rules, deadlines, and expert insights to manage your taxes efficiently.
The Tribunal held that where registration is delayed, the stamp duty value on the agreement date must...
The Supreme Court upheld that Section 206C(1C) applies only to lawful mining arrangements involving lease or licence....
TCS Cannot Be Extended to Illegal Mining Cases Due to Absence of Transfer of Rights: Chhattisgarh HC
TCS Cannot Be Extended to Illegal Mining Cases Due to Absence of Transfer of Rights: Chhattisgarh HC
The High Court held that Section 206C(1C) applies only to lawful mining arrangements involving lease or licence....
The tribunal held that gains from sale of shares did not fall under Article 14(4). It ruled...
The article explains remedies available after adverse tax orders under scrutiny and reassessment. The key takeaway is...
The issue was penalty for misreporting on sale of land classified as capital asset. The Tribunal held...
The issue concerns mandatory reporting of specified financial transactions under tax law. The key takeaway is that...
The framework requires taxpayers to withdraw all pending appeals and proceedings. It establishes that dispute resolution is...
The issue concerns applicability of tax audit based on turnover thresholds. The ruling highlights that exceeding prescribed...