The Income Tax Department has introduced a separate Schedule VDA in ITR forms, and this is where all crypto-related income must be disclosed, a tax analyst said.

Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...

TDS just swung from a massive loss to a solid profit—and one investor still headed for the exits. Here’s what long-term shareholders should watch next.

Taxpayers face strict TDS and transfer-pricing filing deadlines. Starting December 1, key financial regulations will undergo changes that impact taxpayers, pensioners, and everyday consumers. As the ...

Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...

I am an NRI living in Dubai and have investments in Indian listed stocks. One of the companies I invested in did a buyback in March, on which Tax Deducted at Source (TDS) was deducted. At that time, I ...

Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...

A revised return can be filed before assessment or notice, while an updated return may be filed thereafter. “Once proceedings ...

If a tour operator fails to deposit the TCS and the credit consequently does not appear in Form 26AS, the situation becomes ...

Lottery winning amounts are part of income from other sources, and they are liable for the income tax rate. Not just that, ...

Explains how taxpayers can fix common ITR errors through revised returns and portal corrections. Key takeaway: Most mistakes are easily rectifiable within the assessment ...

Handling income tax returns for a deceased person can be challenging for grieving families., Personal Finance, Times Now ...