I am a non-resident Indian (NRI) residing in Abu Dhabi for many years. I sold my residential property in India…
I filed my income tax return (ITR) as a non-resident Indian (NRI) and it has been processed. If I want…
MUMBAI: Indians have been consistently among the top buyers of marquee properties overseas whether it’s in sunny California, tony parts…
Some income taxpayers have reportedly received notices under section 148, which is related to the reopening of assessments for the…
The deadline to file an income tax return (ITR) passed on July 31, 2024, following which eligible taxpayers received either…
Now that you have filed your income tax returns, you must be wondering when you will receive your income tax…
The last date to file an income tax return (ITR) ended on July 31, 2024, and taxpayers are now awaiting…
Since the deadline to file income tax return (ITR) did not get any extension beyond July 31, the last date…
There is some leeway in selecting a tax regime thanks to the Income Tax Department. Lower tax rates and a…
If you have recently sold an asset and are unsure whether the sale will be computed as per the short-term…
With the revision of tax rates in the new tax regime (NTR) announced in Budget 2024, some taxpayers are in…
In Budget 2024, the central government has sweetened the new tax regime with more slab relaxations and an increase in…
Although a range of tax-related changes are introduced every year for taxpayers, a few key changes are ‘radical’ and occur…
Submitting the Income Tax Return (ITR) is essential as it outlines a taxpayer’s earnings over the fiscal year, and doing…
Verifying your Income Tax Return (ITR) after filing is crucial, and fortunately, the Income Tax Department offers several convenient methods…
The introduction of the new tax regime in India marks a significant shift in the country's tax landscape, aimed at…
Individual taxpayers must file income tax returns (ITR) before 31 July 2024 to avoid penalties. This deadline marks the final…
The dilemma of sharing credentialsHiring a chartered accountant (CA) to file your tax return often requires sharing your login credentials…
I-T rules require all taxpayers who hold foreign assets to declare them under Schedule FA. These include stock options, foreign…
The Indian Income Tax Department provides various income tax return (ITR) forms tailored to different taxpayer scenarios. Selecting the appropriate…