Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, presumptive schemes, and tax regime thresholds helps determine whether an ...

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

I earned Rs 25 lakh in capital gains from equities and mutual funds in 2024–25 and paid the tax. Can I now revise my ITR to ...

Many people are receiving unexpected income tax notices questioning how they funded their land purchases. As the tax ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...

Once the order of ITAT had attained finality on factual aspects and assessee had discharged the entire liability, the Tax Recovery Officer was bound, under Section 225(2) to lift the attachment on ...

The tribunal confirmed that in search assessments under section 153A, no separate notice under section 143(2) is required. The assessee’s procedural objection was dismissed, aligning with Delhi High ...

From my childhood, I always thought that only one of the two ears was expected to work. I, therefore, used to jokingly tell ...

Ultimately, getting married - preferably after your children are out of college - makes financial sense as long as you make sure your legal and financial contract is as rock-solid as your (current) ...

Banks deduct tax deducted at source (TDS) if FD interest exceeds Rs 1 lakh in a particular bank. TDS isn't an extra tax; it ...

Direct File won’t be available anymore to do your taxes next year. Here’s what that means once the tax filing season opens in ...