Waiting endlessly for your tax refund can test anyone's patience. The silver lining? The government compensates you with ...

The income tax department on Wednesday extended the deadline for filing IT returns for AY 202526 by corporates and those assessees who need to get their accounts audited to December 10.

Cryptocurrency transactions in India are subject to a 30% flat tax on any profits, plus a 4% cess. A 1% tax deducted at source (TDS) applies to transactions exceeding a certain threshold. Crypto ...

The Central Board of Direct Taxes (CBDT) has granted an extension for submitting income tax returns and audit reports for the Assessment Year 2025-26, providing relief to taxpayers.

Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...

For a person who is resident in India, global income is taxable in India. For a non-resident, only income that accrues, ...

Madras High Court held that a trust’s legitimate tax exemption cannot be denied merely for delay in filing Form 10B, directing the Assessing Officer to allow benefits under Section ...