As FY 2024-25 ends, ITR season 2025 starts in April. Suresh Surana advises finalizing tax-saving investments, submitting ...

There are unanswered questions as to how foreign investors could reclaim money via tax credits, advisers suggested ...

If you file Income Tax Return (ITR) every year, then you will need to be more cautious than before while filing it next time.

An ITR-U can be filed in case of non-submission ... It can also be filed in case of reduction in tax credit under Section 115JB/115JC, application of an incorrect tax rate and and reduction ...

As the financial year 2024-25 concludes, taxpayers face critical tax-related deadlines today, March 31, to avoid penalties ...

As FY25 is coming to an end, taxpayers need to finalise investments if opting for old tax regime, adjust TDS, pay advance tax ...

The old tax systems Section 80C tax-saving options are still available for a few weeks of the fiscal year hence taxpayers ...

The ITAT concurred with CIT (A), emphasizing that the reassessment was based on “borrowed satisfaction” without independent verification by the AO. The Tribunal observed that reopening was done beyond ...

While filing income tax returns, we need many documents. Many times it happens that while filing the return, we come to know ...

Over the past few years, we have seen the Indian crypto market evolve quite rapidly. While adoption continues to rise, many ...

It is important to ensure that tax credits in Form 26AS and AIS are cross-verified before submitting an ITR to prevent discrepancies. As per experts, Form 16 is a vital document for salaried ...

Additionally, the ITAT upheld the disallowance of a ₹1 lakh deduction under Section 80C for LIC premium and tuition fees, as the assessee did not provide supporting documents. The tribunal observed ...