Booking.com platform earning of commission income is not taxable in India since AO has failed to discharge the onus of establishing assessee having fixed place PE in India. Accordingly, final ...

From April 1, Income Tax Act, 2025, takes effect with draft rules already released. Key forms like Form 16, 26AS, 3CA, 3CB, 3CD, 10F, 10A are renumbered for simplified compliance.

If your bank has deducted tax on your FD interest, that money may still be yours. You just need to know how to get it back.

The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...

The High Court set aside a tax demand arising from foreign tax credit mismatch because no valid intimation under Section 143(1) was produced or served. It held that recovery cannot be enforced without ...

Mumbai, Feb 9 (IANS): The Income Tax Department’s draft Income‑tax Rules proposed a comprehensive renumbering of tax forms that would improve reporting ease and enhance compliance for taxpayers, ...