ITAT Delhi held that TDS deposited by a buyer in a later year cannot override correct assessment year of capital gains. Form 71 enables taxpayers to claim such TDS credit in year of ...

The Tribunal held that TDS credit cannot be restricted solely due to differences between reported turnover and Form 26AS if the assessee has correctly offered the income for tax. The appeal was ...

India's crypto ecosystem has grown at a rapid pace-and so have the country's laws concerning taxation. Crypto taxation rules ...

The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...

Confused by India's 30% crypto tax? Our guide provides smart, legal strategies to reduce your tax liability. Learn about ...

Waiting endlessly for your tax refund can test anyone’s patience. The silver lining? The government compensates you with ...

Importantly, if PAN-Aadhar linking is not done before the deadline ends, PAN will become inoperative from the very next day.

The government has once again emphasized the importance of linking your Permanent Account Number (PAN) with Aadhaar. According to the latest notification, the deadline for PAN-Aadhaar linking is ...

Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...