In the complex world of finance and business, maintaining transparency, accuracy, and accountability in financial repor...
Introduction The Goods and Services Tax (GST) is a comprehensive indirect tax that replaced multiple cascading taxes...
Introduction In recent years, the rise of freelancing has transformed the global job market. Freelancers, or indepen...
Introduction In 2017, India underwent a significant tax reform with the introduction of the Goods and Services Tax (...
The Mumbai Income Tax Appellate Tribunal (ITAT) has ruled that the maintenance charges for Nostro Accounts are not liab...
The Ministry of Finance has recently announced that there will be no extension in the deadline for filing income tax re...
Introduction: Under the Income Tax Act of 1961, the income derived from owning a property, including buildings and the ...
The Hyderabad Income Tax Appellate Tribunal (ITAT) has ruled in favor of employees of IBM India Pvt. Ltd., stating that...
The Panaji ITAT upheld the CIT(A) order confirming the disallowance of interest paid on a loan used to compensate the A...
The taxpayer's argument is that the expenditure on foreign travel should not be disallowed because it was incurred to s...
In the case of G.D. Foods and Manufacturing (India) (P) Ltd. v. Assistant Director of Income-tax (Central Circle) [2023...
Filing income tax returns (ITR) is not only a legal obligation but also offers numerous benefits for individuals in var...
Tax season is upon us, and with it comes the responsibility to file our income tax returns (ITR) in a timely manner. It...
📢 Attention: Holders of foreign bank accounts, assets, and income! 🌍 In order to ensure a transparent and fair...
Filing income tax returns (ITR) is a legal obligation for every taxpayer, including salaried individuals. It is a proce...
