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 ...
Income tax notices can be stressful for salaried employees, but most are routine queries that can be resolved quickly. From ...
Confused by India's 30% crypto tax? Our guide provides smart, legal strategies to reduce your tax liability. Learn about ...
On October 8, 2025, the Allahabad High Court said that taxpayers should not be left at the mercy of an Income Tax Assessing Officer (AO) who chooses to delay the payment of genuine refunds. The ...
Linking your PAN with Aadhaar by December 31, 2025, is crucial to avoid deactivation from January 1, 2026. Failure to link ...
Frequent or high-value transactions in savings accounts are drawing closer attention from tax authorities as the Income-tax Department ramps up data-driven monitoring under stricter compliance rules.
Linking your Permanent Account Number (PAN) with your Aadhaar card is a mandatory requirement under Indian tax laws.
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.