ITAT Delhi deleted additions under Sections 68 and 69C after finding documentary evidence, lender verification, and subsequent loan repayment on ...

SC held breach of Section 269SS attracts penalty under Section 271D but does not make the debt unenforceable under Section 138 of the NI ...

MANILA, Philippines — The Senate impeachment court on Monday cleared a major hurdle for House prosecutors in Vice President ...

THE unexplained wealth case will require senator-judges to determine whether Vice President Sara Duterte’s sworn asset declarations, tax returns, corporate records, and financial transactions ...

LTA: Understand Leave Travel Allowance exemptions for your ITR. Learn what qualifies, who is eligible, and how to claim tax ...

Can the Income Tax Department tax you based only on papers found during a builder's search? A recent ITAT ruling explains ...

The Chhattisgarh High Court has held that Income Tax Returns, once duly produced and exhibited, constitute relevant ...

Can Income Tax calculate capital gains on a higher value than the price at which you sold your house? In an important ruling, ...

A recent ITAT ruling has clarified that the Income Tax Department cannot raise a tax demand solely on the basis of documents ...

Tax experts warn that bogus claims can trigger scrutiny, steep penalties and, in cases involving deliberate misreporting or ...

Gary Stevenson is a remarkable man. A millionaire by the age of 25, he achieved this feat entirely through his own intellect, ...

As Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why taxpayers receive scrutiny notices, how they should respond, ...