The dispute concerned denial of TDS credit citing inconsistencies in reported transaction values. The ruling clarified that ...

The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...

Budget 2026 has proposed reducing the tax collected at source from 5% and 20% to a uniform 2%, irrespective of the amount spent.

Budget 2026 delivered significant relief through a rationalisation of TDS and TCS provisions. The TCS rate on overseas tour ...

Union Budget 2026: In a move aimed at simplifying tax compliance for retail investors, Finance Minister Nirmala Sitharaman in her Budget 2026 speech proposed enabling depositories to accept Form 15G ...

The Budget adopts a measured approach to personal taxation, prioritising structural improvements over immediate tax relief.

Union Finance Minister Nirmala Sitharaman on Saturday announced sweeping changes to India’s income tax framework, with a ...

According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

Sitharaman said, "I propose to extend time available for revising returns from 31st December to up to 31st March with the ...

Budget 2026-27 introduces measures simplifying tax compliance for small taxpayers, including reduced TCS rates and ...

The Budget introduces exemptions, lower TCS rates, and simplified compliance to reduce taxpayer burden. Key relief includes ...

Finance Minister Nirmala Sitharaman on Sunday simplified Tax Deducted at Source (TDS) on property sales by non-residents ...