This case highlights the risks of an inexperienced CA. Filing an ITR correctly requires proper forms, documents, accurate income reporting, and TDS calculation ...

The I-T department is allowed up to nine months from the end of the financial year in which the return is filed to process refund ...

Chennai ITAT cancelled the penalty u/s 270A on Redington's Singapore subsidiary, holding that the existence of a Permanent Establishment (PE) was a debatable issue settled via MAP, not under-reported ...

Post Office investments have diverse tax implications, with interest on some schemes being taxable. Crucially, new TDS ...

Utkarsh Small Finance Bank is offering up to 7.75% interest rate on FD for a three-year tenure. Disclaimer: While deposits in ...

Delays in income tax refund can be expected on account of incorrect details such as wrong IFSC code or closed bank accounts.| ...

Currently, the TDS framework is riddled with challenges — wrong deductions, frequent mismatches, and endless reconciliation ...

So you're booking your flight, and just when you're about to check out, the airline asks if you'd like to pay a little ...

The annual interest exemption limit for TDS has been doubled from ₹50,000 to ₹1,00,000. For example, if a retiree earns ...

The Fund’s relative performance was mostly impacted by its underweight in mandatory convertible preferred stocks, which trade ...

In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for ...

Discover what total permanent disability (TPD) means, implications for insurance, and qualification criteria. Learn about the impact on student loans and income activities.