While overall tax burden for individuals remains largely unchanged, the new tax law introduces structural changes in the way ...

The simpler Income Tax Act comes into effect this April, bringing in new forms and rules. here is what it means for individual taxpayers.

Chennai: The income tax department has raised a demand notice for Rs 204 crore on the Tamilnad Mercantile Bank (TMB) for the ...

The Tribunal held that the TPO failed to consider the assessee’s Internal CUP benchmarking despite directions from the DRP.

ITAT upheld addition under Section 68 as the assessee failed to prove identity, creditworthiness, and genuineness of ...

India’s new Income-tax Act, 2025 will come into effect from April 1, 2026, introducing a ‘tax year’, revised ITR deadlines and extended return revision timelines. Key changes such as STT hike, TCS ...

With the rollout of the new Income-tax Act, 2025, taxpayers are expected to get relief from several systemic issues faced ...

New Delhi: India will introduce a new direct tax system from April 1, 2026, as the Income Tax Act, 2025 replaces the old 1961 ...