Recent changes to India's Income Tax regulations introduce strict penalties for unexplained cash and large cash transactions, ...

A notable victory has been achieved in the tax arena as a taxpayer triumphed at ITAT Delhi, overcoming a significant hurdle ...

Amend Section 486 to read: “Irrespective of anything contained in this Chapter, no person shall be prosecuted for any offence ...

India income-tax rules on cash transactions explained by CA Shefali Mundra of ClearTax, detailing penalties, 84% tax, and ...

Under the new Income Tax rules, the government has imposed strict restrictions on cash transactions. If you think that money ...

Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...

Explains why the three laws apply different export tests and highlights the unified approach needed to avoid refund losses, FEMA violations, and tax ...

Provides clarity on capital gains taxation, high TDS obligations, and FEMA procedures NRIs must follow when selling property ...

Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its ...

Received money or property from a family member and assumed it is tax-free? Do you know whether the Income Tax Act actually ...

Marriage and divorce alter several tax positions for individuals under India’s income-tax framework. Existing provisions ...

Apple is lobbying the Indian government to amend income tax rules that could otherwise impose billions of dollars in taxes on its iPhone operations, sources familiar with the matter told Reuters. The ...