Only a few months are left to file ITR. The new financial year started yesterday i.e. 1st April. From now on, taxpayers can ...

The filing of income tax return (ITR) is compulsory for those individuals whose annual income is above the basic exemption ...

Concluding that the expenses claimed appeared excessive, the AO made a 20% ad hoc disallowance of the indirect expenses amounting to Rs. 1.17 crore, resulting in a disallowance of Rs. 23.49 lakh. This ...

Education is becoming increasingly expensive with the passing years, and therefore education loans have emerged as a crucial means of financial support to Indian students ...

ITAT Chandigarh held that initiation of revisionary proceedings under section 263 of the Income Tax Act on the basis of audit objection is not permissible. Accordingly, order of PCIT quashed and ...

Mumbai: A 26-year-old woman allegedly ended her life barely two months after getting married. Her body was found at her ...

Mumbai Indians skipper Hardik Pandya was engaged in an animated chat with his brother and Royal Challengers Bengaluru (RCB) ...

I had the opportunity to return to my home province to take a short break from city life. As I sat in our living room, I noticed a decorated piece of paper that read, “You are cordially invited to the ...

Many individuals will opt for the new tax regime for FY 2025-26. This is due to the new income tax slabs introduced from ...

More than four out of five (85%) tax and accountancy firms expect generative AI to become integral to their workflow within ...

China’s restrictions on exports of medium and heavy rare earths will disrupt global supply chains, opening the door for ...

The Japan National Tourism Organization Delhi Office has reported a significant surge in Indian travellers to Japan, with 233 ...