Misclassification, delayed deposits, or reporting errors in TDS can trigger interest, penalties, and disallowance of expenses under the Income-tax ...

Amazon sellers can claim reimbursement of TDS deducted on advertising and MCF fees by submitting Form 16A. Proper filing and documentation ensure recovery of deducted ...

Income Tax Budget 2026 Highlights: Finance Minister Nirmala Sitharaman has presented the Union Budget 2026-27. No changes in the income tax slabs and income tax rates under the new or old income tax ...

In its post-Budget memorandum on the Finance Bill 2026, the Bombay Chartered Accountants’ Society (BCAS) has urged the ...

India has not introduced any changes to its controversial tax deducted at source (TDS) policy that is affecting the crypto industry. The nation's finance minister Nirmala Sitharaman revealed the ...

As the financial year draws to a close, millions of salaried taxpayers across India enter a decisive phase. What was once a routine process of submitt.

New Delhi: Previously, the income tax law had more than 800 sections. In the new system, the number of sections and chapters has been reduced to less than half. This means that understanding taxes ...

Not getting an income tax refund due to TDS mismatch in Form 26AS? A new Allahabad High Court ruling may work in your favour. The Allahabad High Court has issued a ruling on October 8, 2025, clearly ...

India’s crypto tax framework, introduced on April 1, 2022, is fully intact in 2026. Digital assets are classified as Virtual ...

Union Finance Minister Nirmala Sitharaman, during the Union Budget 2026–27 presentation in Parliament, announced that any interest awarded by the Motor Accident Claims Tribunal (MACT) to a natural ...