The Tribunal found that the Assessing Officer failed to issue the fresh notice within the surviving limitation period recognized by the Supreme Court. The reassessment order was therefore ...

The MCA amended AS 22 to incorporate provisions related to OECD Pillar Two global minimum tax rules. The amendment exempts ...

Income Tax: The Union Budget 2026 introduces amendments to the Income Tax Act that simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers.

More than 1.9 million people are projected to forfeit all or a portion of their tax-free personal allowance during the ...

India’s proposed Draft Income Tax Rules 2026 could bring significant relief for salaried taxpayers by increasing the ...