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INCOME TAX COUNSEL
Expired dates? Young Indians face dating burnout despite spending more on finding loveAmid the bustling life of young urban Indians, an ironic trend emerges: individuals thriving in their careers are still finding themselves ...- 2,400,000,000,000: Chinese are smoking nearly half of world's totalChina's cigarette consumption has surged by 39% between 2003 and 2023, contrasting with a global decline. Despite fewer young smokers, low ...
- Sunetra Pawar gets relief as ITAT scraps Rs 32.14 crore tax addition against Ajit Pawar, calls evidence linking ‘DD’ to leader insufficientThe Income Tax Appellate Tribunal has cancelled tax proceedings against Sunetra Ajit Pawar. A Rs 32.14 crore addition treated as unexplaine...
- India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
- 2026 Tax Day deadline April 15: 5 IRS mistakes that can delay your refundTax filing mistakes can slow refunds and create problems for taxpayers. Experts warn people to check details like ID numbers, math, and ban...
- Delhi High Court asks CBDT to clarify tax on partners’ bonuses, stays recoveryTax authorities nationwide are demanding taxes on partner bonuses and performance pay. Professional firms argue this income is already taxe...
- Tax season twist: New IRS changes could make filing more expensive this yearOver 30 million Americans face higher costs as IRS tax filing costs increase 2026, following the shutdown of the Direct File program by the...
- Bought DLF Camellias flat with Rs 9.82 crore discount, faced tax notice; ITAT gives reliefThe Income Tax Tribunal ruled that property purchase discounts are not taxable as income. A homebuyer received a Rs 9.82 crore discount on ...
- Dalmia Bharat gets SC relief in ₹500 crore KKR investment tax disputeThe Supreme Court has put a hold on income tax reassessment proceedings against Dalmia Bharat and its subsidiaries. This involves a Rs 500 ...
- Brett Lee granted tax relief by ITAT due to invalid notice serviceThe Delhi bench of the Income Tax Appellate Tribunal (ITAT) provided relief to former Australian cricketer Brett Lee in a tax case, ruling ...
- Court informed about stay on proceedings against KalanithiA city court was today informed that proceedings have been stayed against budget carrier Spicejet Ltd's former Chairman Kalanithi Maran in ...
- HC appoints Ernst & Young India as valuer for Nokia's Chennai plantCounsel for Income Tax department said that it has no objection to any valuer appointed by company but the valuation should be done 'on goi...
- Blackmoney case: Court reserves order on Dabur's Pradip Burman pleaA Delhi court today reserved its order on a plea of Dabur promoter Pradip Burman, whose name has cropped up in the blackmoney list.
- Shah Rukh Khan gets relief from Income Tax Tribunal in Wealth Tax matterThe Income Tax authorities had held that the loan advanced by Shah Rukh Khan was an indirect transfer of assets by the assessee to his wife.
- Tax case against Jayalalithaa posted to August 7A court today adjourned the income tax return cases against Tamil Nadu Chief Minister Jayalalithaa and her aide Sasikala to August 7.
- I-T evasion matter: High Court verdict tomorrow on Nokia pleaNokia India Private Ltd's assets and accounts were frozen by the Income Tax department for alleged income tax evasion by the company.
- IT dept-Nokia tax case: Delhi High Court seeks more detailsNokia India Private Ltd's assets and accounts were frozen by the Income Tax department for alleged income tax evasion by the company.
- Aditya Birla Nuvo contests tax liabilityAditya Birla Nuvo, part of the $35 bn Aditya Birla Group, has filed a petition against the Income tax department over the tax liability of ...
- Madras HC adjourns Vodafone-Essar case till April 1Essar has also said that Vodafone's fresh application is nothing but tactics to delay the proposed merger of two entities.
- Tax break for interest-free loan takersThe judgement come as a relief for people who borrow money from friends and latter grapple with notices from tax authorities. How to repay ...
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