The case examined whether the Assessing Officer could reject a DCF valuation. The Tribunal held that commercial valuation choices, if legally prescribed and supported, cannot be ...

For a growing section of taxpayers - young professionals, gig workers, and freelancers - filing a tax return still remains complex. Multiple income streams, digital transactions, and evolving ...

Overview: Income tax refunds often delay due to missed e-verification, data mismatches, or incorrect bank details.Checking ...

Discover the complete checklist of key documents required as income tax proof to make your ITR process smooth and hassle‑free.

TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet eligibility criteria.

For most taxpayers in India, the words “Income Tax Notice” instantly create anxiety, confusion, and fear of harassment. A simple email or SMS from the Income Tax Department is often misunderstood as ...

Income Tax Return: Form 26AS is a critical document for taxpayers while submitting their Income Tax Return (ITR). Form 26AS ...

If you've traded or invested in cryptocurrencies or other Virtual Digital Assets (VDAs) in the last two financial years (FY 2022–23 or 2023–24), it's time to double-check your Income Tax Return (ITR).

Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...

Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. Form 56 serves as a conduit of communication between taxpayers ...