ITAT Mumbai held that no TDS is liable to be deducted when payment is made for serving...
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 notification grants exemption under Section 10(46) as the entity operates without commercial intent. It clarifies that...
Investments made by a foreign company could not be attributed to a non-resident individual shareholder without lifting...
The issue was whether share capital addition could be sustained without seized evidence. The Tribunal held that...
The issue was whether proceedings under Section 153C were time-barred. The Tribunal held that the assessment fell...
The issue was whether additions could be made in unabated assessments without incriminating material. The Tribunal held...
The issue was whether approval under Section 151 granted without reasons is valid. The Tribunal held mechanical...
Forms 134 and 135 introduce a revised system for TAN allotment under the Income-tax Act, 2025. The...
A free live workshop will discuss the structure and practical implications of the proposed Income-tax Act, 2025...
The article explains how ESOP taxation spans salary, capital gains, DTAA, and disclosure requirements. It highlights that...