NRI can file appeal before CIT(A) if the DRP rejects objection due to AO having issued final order.

29 Apr, 2024

NRI can file appeal before CIT(A) if the D...

For NRI taxpayers, when their income is scrutinised by the income tax department and a draft assessment order is issued...

No Income tax on Salary earned in Australia by NRIs

25 Apr, 2024

No Income tax on Salary earned in Australi...

Facts of the case: ​During the assessment year 2020-21, an employee of Nokia Solutions and Networks India Private ...

NRIs with income below Rs 50 lakhs: Notice U/s 148 after 3 years is invalid.

25 Apr, 2024

NRIs with income below Rs 50 lakhs: Notice...

The facts of the case are as follows: ​ The assessee is an individual and an NRI. ​ During the assessment ye...

What NRIs Need to Know Before Selling Property in India

25 Apr, 2024

What NRIs Need to Know Before Selling Prop...

When an NRI (Non-Resident Indian) chooses to sell property in India, it's not just a simple transaction. It's a big dec...

Understand ITR Forms 1,2,4,6 for AY 2024-25: A Comprehensive Guide

18 Apr, 2024

Understand ITR Forms 1,2,4,6 for AY 2024-2...

The Income Tax Department has recently enabled the filing of ITR-1, ITR-2, ITR-4, and ITR-6 for Assessment Year (AY) 20...

Buyers should confirm the seller residential status, whether resident or NRI, to avoid legal issues

18 Apr, 2024

Buyers should confirm the seller residenti...

As a seller when you are selling property, it's crucial to inform the buyer about your residential status, whether you'...

Reasons why ITR filing becomes mandatory for NRIs

16 Apr, 2024

Reasons why ITR filing becomes mandatory f...

Under Indian income tax law, any individual earning an income exceeding the basic threshold of Rs 250,000 is required t...

Income Tax Notices to NRIs for cryptocurrencies and other data mismatch

12 Apr, 2024

Income Tax Notices to NRIs for cryptocurre...

NRI (Non-Resident Indians) are receiving notices from the income tax department under section 148 of the Income Tax Act...

CBDT Enables Easy Income Tax Filing for A.Y. 2024-25!

12 Apr, 2024

CBDT Enables Easy Income Tax Filing for A....

Dear taxpayers! We've got some exciting news hot off the press from the Central Board of Direct Taxes (CBDT), under the...

CBDT issues clarification regarding media reports to revisit cases related to HRA claims.

11 Apr, 2024

CBDT issues clarification regarding media ...

If you've been keeping an eye on recent news about the Income Tax Department's actions regarding House Rent Allowance (...

Claiming the Fake deduction of HRA could result in Interests and Penalties

10 Apr, 2024

Claiming the Fake deduction of HRA could r...

News has circulated that the income tax department is cracking down on thousands of taxpayers who have falsely claimed ...

Stamp Duty value applies on the date of agreement not on the date of Sale Deed

1 Apr, 2024

Stamp Duty value applies on the date of ag...

Facts of the case: The taxpayer filed their income return on August 27, 2015, declaring a total income of ₹5,93,52...

Air ticket, hotel stays, postage, conveyance, and photocopying charges are allowed as Transfer Expense to NRI

1 Apr, 2024

Air ticket, hotel stays, postage, conveyan...

Selling property can be quite challenging, whether you're an NRI or a resident of India. As an NRI, the first step is f...

Advance tax Provisions: Taxpayers who fails to pay and not liable to pay advance tax

15 Mar, 2024

Advance tax Provisions: Taxpayers who fail...

The final installment of advance tax for the year is approaching, due on March 15, 2024. As a taxpayer, you're required...

Income Tax Notices to NRIs and Procedure to file application before Dispute Resolution Penal (DRP)

15 Mar, 2024

Income Tax Notices to NRIs and Procedure t...

If you're an NRI (Non-Resident Indian), you need to file an income tax return for any income earned in India. Often, wh...

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