Many non-resident Indians (NRIs) are receiving Income Tax notice under Section 143 (1) (a) of the Income Tax Act, 1961 ...

The AO initially assessed total additions amounting to ₹5.10 crores under sections such as 40a(ia) for non-deduction of TDS, unexplained cash credits under Section 68, and income from other sources.

Our correspondent writes up a report card for England's not so merry fellows in India, ranking how true they were to the B-word philosophy Ashwin touched by Rohit's 'beautiful' gesture in Rajkot ...

Tax experts say these could be a "sunk cost" for such FPIs. Their recent selling of Indian shares has resulted in incidence of capital gains tax payable in India under various Double Tax ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

The correction window will be available from 6th to 8th March 2025, allowing applicants to rectify any errors in their submitted GDS application form. The online application link for the India ...

Income tax return filing for AY 2025-26 starts on 1 April 2025. ITR forms vary by taxpayer category, income sources, and method. Timely filing ensures compliance. The Income-Tax Bill 2025 revises ...

The carbon tax, to be imposed in the first phase on six items including steel, aluminium, cement, fertilizer, hydrogen and electricity from January 1, 2026, could deal a blow to India’s exports ...

Here are the best tax software picks for 2025. Prices and other details are accurate as of February 25, 2025. Premium: See offer landing page for details. Includes all forms + live chat support ...

Indian tax authorities have singled out Volkswagen as the only automaker to wrongly classify its car imports for 12 years to evade $1.4 billion in taxes, even as rival Kia changed its practice ...

The Mumbai High Court is expected to decide within days the outcome of Volkswagen's challenge to its own tax demand. Indian tax authorities have singled out Volkswagen as the only automaker to ...