Curated legal news, case breakdowns, and workflow tips for fast-moving practitioners.
Showing 5 of 10 articles.
ITR filing rules for AY 2026–27 explained. Check new deadlines, ₹5,000 late fee, reduced penalty for small taxpayers, and belated return dates.
Budget 2026 introduces the new Income Tax Act replacing the 1961 law, simplifying deductions, exemptions, capital gains rules, and tax compliance.
Gifting money to an NRI? Learn India’s tax rules on gifts from relatives vs non-relatives, FEMA compliance, RBI LRS limits, and TCS on remittances above ₹7 lakh—plus documentation…
Income Tax Department is scrutinizing credit card spending and rewards in India. Know when cashback becomes taxable, what transactions trigger notices, and how to report correctly…
Income Tax Department flags high credit card spending when it mismatches declared income. Learn why accurate ITR filing is crucial to avoid tax notices.