From capital gains to rental TDS and home loan deductions, returning NRIs need smart tax planning to optimise liabilities, ...

As per Section 397(3)(f) of the Income Tax Act, 2025, deductors and collectors are allowed a period of two years from the end ...

ITAT Raipur set aside the levy of fees under Section 234E for delayed TDS statements filed before the 01.06.2015 amendment to Section 200A. Following the Karnataka High Court ruling, the Tribunal held ...

The Allahabad High Court, in U.P. Rajya Nirman Sahakari Sangh Limited vs Union of India, quashed a tax recovery notice, holding that an assessee must be given credit for Tax Deducted at Source (TDS) ...

Currently, the TDS framework is riddled with challenges — wrong deductions, frequent mismatches, and endless reconciliation during tax filing. These errors often result in frustration for both ...

India launches major probe into 400 Binance traders accused of crypto tax evasion, signaling tougher enforcement against ...

For the financial year 2024-2025, Indian tax law treats cryptocurrencies as virtual digital assets (VDAs) under the Income Tax Act, 1961. Section 2(47A) spells out what that means: Any code, number, ...

India intensifies crypto tax enforcement as Binance users face scrutiny. Traders must declare offshore crypto income and file ...

(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get the latest news from India and how it matters to the world.) India's central bank is ...

The flaw didn’t just expose current data, it also gave access to past five years of tax returns, including income and ...

TechCrunch verified that the security bug in the Indian Income Tax Department's e-Filing portal exposed taxpayers' data to ...

(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get the latest news from India and how it matters to the world.) India's primary markets are ...