Income Tax
Foreign investors who purchased Indian shares but earned no income are receiving Income Tax reassessment notices due to deemed dividend rules and capital gains …
Income Tax
Tax experts reveal that inadvertent mistakes in filing returns and reporting income—rather than deliberate evasion—are the primary drivers of disputes between taxpayers and the …
Income Tax
The Income Tax Department is sending SMS reminders to taxpayers about filing returns early. Here's what these alerts mean and why filing sooner rather …
Income Tax
The Income Tax Department reports a significant early surge in return filings for Assessment Year 2026-27, reflecting improved compliance and digital adoption among Indian …
Income Tax
The government has notified new Income Tax Rules 2026, introducing stricter compliance measures for taxpayers. Here's what you need to know about the updated …
Income Tax
The Income Tax Department has released the ITR-7 Excel utility for Assessment Year 2026-27, enabling trusts, political parties, and research institutions to begin filing …
Income Tax
Understanding common income tax notices and following best practices during ITR filing can help taxpayers avoid unwanted scrutiny from the department. Here's what you …
Income Tax
The Income Tax Department has released the ITR-7 Excel utility for Assessment Year 2026-27, enabling trusts, political parties, and research institutions to file their …
Income Tax
Artificial intelligence is reshaping tax filing in India, offering efficiency and accuracy—but also new risks. Here's what taxpayers need to know before letting AI …