Understand the income tax implications of Diwali gifts from vendors (electronics, vouchers), whether GST is included in stamp ...

Guy sells land, gets Rs 10 lakh capital gains, files no ITR admitting this income, wins case in ITAT Chennai for this reason ...

The ITAT ruled against mechanically confirming a large addition under Section 69C, stating that tax authorities must genuinely distinguish between procedural discrepancies and fraudulent inflation.

One such form that caters to these unique entities is the ITR-5 form. Specifically designed for businesses, firms, LLPs ...

Equity investors can gift shares to children via demat or physical transfer, with no tax for gifts from parents. Future ...

Many taxpayers believe that income tax returns (ITR) can only be filed by the due date. However, this is not entirely correct ...

The Black Money Act mandates Indian residents to disclose foreign income and assets, imposes heavy penalties for non-disclosure, and has no time limit, emphasizing transparency and compliance with ...

Inheritance Funding reports the average estate settlement takes 6-12 months, but debts and disputes can extend the process to years. Best practices can aid efficiency.

Even post-retirement, at least 30–35% equity exposure is necessary. The best way is through Systematic Withdrawal Plans from ...

Anil Singhvi shares expert analysis and market insights. Investors can learn the positives and negatives of the IPO, trading ...

On Monday, key stocks like Vodafone Idea, Canara Bank, and Lupin are expected to remain in focus as major developments drive ...

Mubarak Jama, a Fridley tax preparer, faces 18 felony charges for false tax returns and unpaid taxes, including claims of ...