- Mauritius approves India tax pact, says genuine investors have little to fear
Mauritius Cabinet approved the India-Mauritius DTAA Protocol ratification on July 17, 2026. This decision followed extensive stakeholder di...
10 Aug, 2026, 08.19 AM IST
Confused about ITR forms? Check the right ITR for salaried, pensioners, students and other taxpayersSalaried individuals, pensioners, and students must select the appropriate ITR form for AY 2026-2027. Taxpayers not requiring an audit can ...
10 Jul, 2026, 04.14 PM IST
Invested in foreign shares? Know how to file ITR with ‘relevant accounting period’ for reporting foreign assets in Schedule FA?Indian residents holding foreign assets must report them in Schedule FA. This reporting uses the calendar year ending December 31, 2025. As...
10 Jul, 2026, 10.33 AM IST
Section 234B interest on updated ITRs: CPC's computation logic appears contrary to lawTaxpayers filing updated returns face incorrect interest charges. Centralised Processing Centre calculates Section 234B interest beyond tax...
09 Jul, 2026, 05.58 PM IST
ITR filing 2026: Is AIS enough to report stock and mutual fund capital gains?Taxpayers should verify Annual Information Statement data for capital gains. Relying solely on AIS may lead to incorrect income reporting f...
08 Jul, 2026, 09.59 AM IST
CBDT clarification: All approvals like Nil or lower TDS certificate and existing tax benefits will continue under Income Tax Act, 2025; Here’s what it means for youExisting tax benefits and approvals will continue under the Income Tax Act, 2025. Pending applications filed before March 31, 2026, will be...
07 Jul, 2026, 06.07 PM IST
Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
26 Jun, 2026, 10.58 AM IST
Sebi, CBDT ease PAN rules for foreign investors after onboarding concernsSebi and CBDT relaxed PAN compliance requirements for foreign portfolio investors after concerns over complex onboarding rules. The clarifi...
15 May, 2026, 07.41 PM IST
Angel Tax: No assessment of startups registered with DPIITThis means startups registered by the DPIIT Start-ups will not face tax verification on account of angel taxation in case they are picked u...
16 Oct, 2023, 01.19 AM IST
No tax demand from startups sans appellate tribunal nod: CBDTCBDT has issued a consolidated circular reiterating clarifications issued so far on taxation issues hurting startups, including the so-call...
02 Sep, 2019, 11.49 PM IST
Order of ITR filing deadline extension to Sept 30 is fake: CBDTThere had been rumours that the deadline may be extended again. There had been images of an order issued by the CBDT circulated in social m...
30 Aug, 2019, 02.09 PM IST
Foreign Angels won't be taxed on overseas profit: GovtNo tax on profits from bets made outside via PEs, VCs and angel funds registered in India.
05 Jul, 2019, 08.24 AM IST
Physical settlement in F&O to attract 0.10% STT: CBDT tells HCA division bench of justices B R Gavai and M S Karnik had last week sought clarity from the CBDT on the STT rate.
28 Aug, 2018, 07.10 PM IST
Private equities, venture capital funds get tax breather for startupsA number of funds had received show cause notices from income-tax authorities on this issue, prompting a spate of representations from them...
26 Jan, 2017, 01.04 AM IST
CBDT clarification on foreign arms’ tax liabilities in a weekSuch a move would come as a partial relief for Indian companies that have overseas units, although the CBDT clarifications won’t be "open t...
12 Aug, 2015, 04.26 AM IST
CBDT issues TP rollback clarificationsCBDT recently issued clarifications on the rollback provisions available under the advance pricing agreement (APA) mechanism.
20 Jun, 2015, 12.45 PM IST
No tax on redeemed, bonus mutual fund unitsTax practitioners said that the CBDT clarification has come as a huge relief to fund houses and would avoid litigations and related costs a...
14 Feb, 2014, 12.19 PM IST