Tax consultants in Rajasthan are requesting an extension for the Income Tax Return filing deadline. They cite glitches on the ...

A representation from the Bombay Chartered Accountants' Society to the CBDT highlights the need for further extensions for income tax returns and audit reports, citing delayed utility releases, portal ...

Filing Income Tax Returns (ITR) is a responsibility for millions of people, yet many myths continue to circulate around the ...

Filing your Income Tax Return (ITR) is not only a legal obligation but also an important step in maintaining financial discipline and transparency. For Assessment Year (AY) 2025-26, the Central Board ...

The ITAT Ahmedabad bench ruled that loans from current accounts for business purposes cannot be classified as deemed dividend under Section 2(22)(e) of the Income Tax Act. Learn why this decision ...

Electric 4-wheeler penetration increased to 4.5 per cent in August. Tata's market share increased to 40 per cent and M&M to 19 per cent, with MG declining to 28 per cent. Whereas, electric two-wheeler ...