The faceless assessment added all bank deposits as unexplained income without examining the commission-based business structure. The...
Income Tax
The Income-tax portal now allows digital filing of condonation requests for delayed trust forms. The key takeaway...
Industry expects higher exemption limits, revised slabs, and expanded deductions to increase disposable income and improve voluntary...
This session breaks down the major income tax amendments announced in the Union Budget 2026 in a...
This explains how the new law defines “income” using an inclusive approach rather than a fixed list....
This explains how salary income is taxed under Sections 15 to 19 of the 2025 Act. The...
The law mandates successor entities to file modified returns within six months of a reorganisation order. This...
Income-tax attachments can halt business and personal finances. Relief depends on identifying the correct legal trigger and...
The court ruled that delayed filing of Form 10 for income accumulation cannot defeat exemption when substantive...
The tribunal ruled that statements of third parties cannot be relied upon unless the assessee is provided...