Since the CIT(E) had already accepted the assessed income by issuing Form 4 under the DTVSV Scheme, initiating revision later was held impermissible. Key takeaway: once settled under DTVSV, the ...

To ensure the scheme’s integrity, the Maharashtra government has made electronic Know Your Customer (e-KYC) verification ...

ITAT Delhi ruled that validly filed Form 10-IC ensures eligibility for Section 115BAA concessional tax rate. Key takeaway: timely filing secures lower corporate tax in subsequent ...

Expert explains that salary slips hide key tax details like non-exempt allowances, differences in taxable income, unlisted ...

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

Confused by India's 30% crypto tax? Our guide provides 7 smart, legal strategies to reduce your tax liability. Learn about ...

A resident donating to a foreign charity like the German Red Cross must check tax implications in India—especially TDS, DTAA ...

Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...

Compass Inc. agreed to buy Anywhere Real Estate Inc. in a $1.5 billion stock deal that would cement Compass’s status as the largest residential brokerage in the US. Anywhere shares will be exchanged ...

The Income Tax Department (I-T) on its official website has enabled the ITR-5 and ITR-7 forms for online filing. Both forms are available with prefilled data, the I-T Department has informed on its ...