As of September 15, around 7.08 crore ITRs have been filed, while around 6 crore ITRs have been e-verified. Previously, the ...

Difficulty in accessing AIS has been the chief complaint of many tax professionals ahead of the September 15 ITR filing due date. It is important to review AIS to avoid missing out on disclosures, ...

Since your son has purchased a house in June 2025, i.e., within one year before the Sale of his house property ...

In-depth analysis of Section 195 TDS on payments to non-residents, covering taxability, DTAA interaction, PAN rules (206AA), Form 15CA/15CB compliance, and risk mitigation ...

State stamp duty (5–7%) and registration fees, Central GST on under-construction property, 1% TDS on sales over ₹50L, and ...

In India, filing an income tax return requires accuracy, compliance, and transparency in addition to fulfilling deadlines.

Inheriting gold jewellery is a windfall, but tax obligations arise only when you sell. Understanding capital gains rules, ...

There is a problem with the Income Tax law due to which in immovable property sale cases, Taxpayers especially NRIs may face ...

An employee working with a Chennai-based company faced a situation where three months’ salary remained unpaid, yet TDS was deducted, and Form 16 was issued. Today's Ask Wallet Wise decodes if one can ...

Statehouse flim-flam, coupled with huge legislative subsidies for “vouchers,” which help pay private school tuition for K-12 ...

The Capital City Country Club is asking to end its lease with Tallahassee to purchase the golf course property. Financial struggles, including storm damage and declining membership, have prompted the ...

According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...