The government has confirmed that new income tax return (ITR) forms under the Income Tax Act, 2025 will be notified before ...
The forms were updated for the Income Tax Act, 2025, which was enacted on August 21 and come into effect from April 1, 2026.
Explains when director cash infusions qualify as current account transactions and why genuine business support may fall ...
The Central Board of Direct Taxes (CBDT) is holding detailed talks with tax experts, industry representatives and income tax ...
India's tax system is set for a major overhaul with the Income-tax Act, 2025. The Finance Bill, 2026, should consider ...
New Income Tax Act ITR forms to be simplified and notified before FY28, per Minister Pankaj Chaudhary's announcement.
Discover how identifying errors in Assessing Officer jurisdiction, notice issuance, and approval under Sections 148/148A can secure favorable ITAT/CIT(A) rulings. Learn key strategies to challenge ...
The Fair Tax Act would replace federal income and payroll taxes with a national sales tax, slashing federal revenues and cutting taxes on the wealthy. The IRS building is seen through a fence in ...
The new income tax returns (ITR) form based on the I-T Act, 2025, will be notified prior to 2027-28 fiscal year, Minister of ...