The Finance Bill corrects an inadvertent drafting error in spouse income provisions. This clarification improves accuracy in applying clubbing ...

Budget 2026 brings clarity on home loan tax deductions. Prior-period interest on home loans is now explicitly included within the Rs 2 lakh deduction limit for self-occupied properties. This amendment ...

Budget 2026 clarifies that assessment orders under the Income Tax Act will not be invalidated due to mistakes or omissions if ...