The Central Board of Direct Taxes (CBDT) has also released most of the ITR forms, ranging from Sahaj, Sugam, ITR-2, ITR-7 to ...

The BJP-led Municipal Corporation Delhi (MCD) has introduced a house tax amnesty scheme to resolve issues of high taxes and ...

A recent Mumbai ITAT ruling offers relief to homeowners in redevelopment projects. The tribunal held that receiving a new flat in exchange for an old one is not taxable under Section 56 of the Income ...

The Tribunal held that the assessee had a legal right to request DVO valuation under the proviso, and the AO ought to have referred the matter accordingly. Non-referral was a breach of the statutory ...

Recent income tax updates in India introduce revised capital gains tax rates on securities for residents, non-residents, and ...

When a person dies, someone needs to deal with all their accounts, property and belongings (their ‘estate’). The process of dealing with this is called ‘estate administration’, but often referred to ...

ITAT Delhi held that in absence of original certificate, benefit of jewellery and ornaments declared in VDIS Scheme 1997 is granted based on affidavit and valuation report of the jewellery declared ...

Select emergency preparation supplies will be tax-free in Texas this weekend. See which items do and do not qualify.

The announcement follows a meeting held on Tuesday with various Resident Welfare Associations (RWAs) and civil organizations, ...

The Municipal Corporation of Delhi, led by the BJP, has introduced a house tax amnesty scheme to address complaints of high ...

Managing your sales and use tax obligations is a hassle for any business owner, but for some companies it can feel like fighting an uphill battle.

The delay in notifying the ITR forms and releasing their utilities for AY 2025-26, despite no major structural amendments in ...