Browsing: income tax

Lakhs of charitable trusts operating from modest offices with uninterested trustees are facing the challenge of reporting their details…

GQG Partners on Monday acquired 5,07,39,653 crore shares of IDFC First Bank for Rs 478.7 crore from managing director…

As many as 6.98 crore tax returns have been filed for income earned in 2022-23 fiscal and out of…

The Income Tax Department on Tuesday emphasized its commitment to processing Income Tax Returns (ITR) speedily and efficiently. In the…

The Income Tax Department  is reportedly looking to  shorten the average processing time for getting tax refunds from 16 to…

An Income Tax tribunal has rejected the demand of the authorities to impose tax on cash deposits made by…

The seller of a residential property can avail of capital gains tax exemption even if she had entered into an…

The Central Board of Direct Taxes (CBDT) on 19 August issued a notification to value rent-free accommodation provided by employers,…

We are a family of four, including my parents and my elder brother. My father is planning to sell fives…

I am a senior citizen. My gross income is ₹5,15,000 comprising ₹3,70,000 interest income, ₹1,20,000 long-term gain from equity mutual…