The tax department has also advised the concerned taxpayers to review their ITRs, verify the correctness of their deduction and exemption claims, and revise their returns, if required, within the ...

Income Tax Refund Status, Risk Management for AY 2025-26 Explained: The messages and e-mails from the Income Tax Department, asking people to file revised returns by December 31, have invited ire.

Man invested Rs 75 lakh in three ULIPs in 2006 and surrendered them for Rs 3.22 crore in 2020; tax dept send notice and ...

Taxpayers face severe penalties for failing to disclose foreign assets, even inadvertently. A Mumbai executive received a ₹40 ...

The issue was whether satellite transmission fees constitute royalty in India. The Tribunal held that Article 12 of the DTAA governs and the receipts are not royalty. Domestic law amendments cannot ...

We estimate income and taxes for the wealthiest group of US households by matching Forbes 400 data to the individual, business, estate, and gift tax returns of the corresponding group in 2010–2020. In ...

Delhi High Court held that internal disputes among company directors do not justify condonation of delay in filing ITR, upholding statutory compliance ...

On November 19, 2025, the Income Tax Appellate Tribunal ruled that if a non-resident taxpayers’ total income from India consists solely of dividends, interest, etc (known as Section 115A incomes) and ...

Facepalm: Users have long criticized Windows 11 File Explorer as inferior to its Windows 10 predecessor. The essential tool suffers from slow launches, sluggish file searches, and delayed right-click ...