Canadian citizen of Indian origin sold India property for Rs 2 crore; buyer deducted TDS but he did not file ITR; lost case ...

The issue was whether a deductor can be treated as in default for non-deposit of TDS when the payee has already paid tax on the income. ITAT held that no demand under Section 201(1) survives once the ...

Many salaried employees see a sudden spike in TDS between January and March because employers recalculate taxes after ...

The law taxes business/professional benefits via 10% TDS, even for non-cash perks. The key takeaway is tax must be ensured before releasing the ...

Buying property from Non-Resident Indians creates tax hurdles for buyers. Current rules demand extra registrations and ...

Participants should be aware of the tax implications for lottery winnings. As per Section 194B of the Income-tax Act, 1961, ...

Industry voices urge simplified TDS slabs, streamlined dispute settlement and facilitative tax administration while seeking ...

According to industry experts, these changes could help build a more stable, transparent, and compliant crypto ecosystem in ...

Income-tax refunds have risen sharply from Rs. 1.92 lakh crore in FY21 to Rs. 4.76 lakh crore in FY25. A substantial portion ...

India’s crypto industry is urging the government to reconsider punitive tax measures ahead of the Union Budget 2026, with ...

"A large number of taxpayers have moved to the new income tax regime over the years, which offers several advantages. Roughly ...