The Tribunal upheld reopening under Section 147 as Form 26AS reflected substantial contract receipts despite no return being filed. It ruled that such information constitutes valid grounds for belief ...
Major tax overhaul streamlines compliance as Income Tax Rules 2026 transform key forms, merging TDS, PAN and AIS systems to ...
The Tribunal observed that official salary documents issued by the employer and Income Tax Department showed salary income of ...
Salary credited after resignation may still be taxable in the year it became due, even if payment is received later.
As financial identity becomes digital, a single leaked PAN can trigger loans, defaults and long-term credit damage.
The process of filing your income tax returns (ITR) can be an intimidating task, especially for first-time taxpayers.
A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Broad form insurance covers rare risks not included in basic insurance, often requiring ...
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