Missing the Income Tax Return (ITR) filing deadline can happen for many reasons. You may have missed a document, made an error, or simply overlooked the timeline. However, if you have already filed ...

The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers that could impact an ...

The Income Tax Department has identified 63,000 restaurants for potential income under-reporting. A nationwide survey revealed suppression of sales amounting to Rs 408 crore. Restaurants are urged to ...

The new Income-tax Act, 2025 replaces the 1961 law and introduces structural changes such as a single “Tax Year.” Key updates include revised return deadlines, higher STT, and new rules for buybacks ...

The Income-tax Act, 1961 will be replaced by the Income-tax Act, 2025 (ITA 2025) on April 1st, 2026. The following are some of the significant changes that will take effect on April 1, 2026: ...

Effective April 1, 2026, India will implement the Income-tax Act 2025 and Rules 2026, introducing significant changes to ...

Income Tax: The Union Budget 2026 introduces amendments to the Income Tax Act that simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers.

The tribunal considered whether total bank credits could be added as unexplained money. It held that when deposits are consistent with declared turnover and business activity, they cannot be treated ...

According to CA Dr Suresh Surana, the Income-tax Act, 2025 (ITA 2025) aims to simplify compliance, rationalise procedures and ...

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.

New vs old tax regime FY 2026-27 — real tax calculations, break-even table, 5 case studies, and a clear verdict for every income level after Budget 2026.

Foreign professionals in Thailand should review personal income tax filing requirements, residency thresholds, deductions, and foreign income rules to assess their tax exposure.