Searched for
RECONCILIATION STATEMENT
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
Congress wonders as the Iran war draws to a close: Was it worth it?Congress grapples with the aftermath of President Trump's Iran conflict, questioning its worth amidst lives lost and billions spent. While ...
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Quote of the day by Nelson Mandela: 'There is nothing more dangerous than a...' Life lessons on human nature, anger and shame by first Black president of South AfricaQuote of the Day by Nelson Mandela highlights the impact of humiliation on human behavior. The quote explains how shame, rejection, and los...
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
Quote of the day by Miguel de Cervantes: 'The worst reconciliation is better than the best divorce' - Popular Spanish writer explains why forgiveness can be more valuable than separationMiguel de Cervantes, author of Don Quixote, believed even a flawed reconciliation surpasses a good divorce. His view emphasised lifelong co...
Could you be missing a critical June 2026 tax deadline? Check these essential TDS, Form 16, STT and advance tax requirements before it's too lateJune 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments and STT reconci...
India, Myanmar agree to deepen trade ties, push connectivity projects and security cooperationIndia and Myanmar are embarking on a new chapter of friendship. In a recent summit, the leaders agreed to deepen ties focusing on economic ...
ITR-2 online filing and excel utility for A.Y. 2026–27 are now enabled on the e-Filing ITR portalIndividuals and HUFs without business income but with complex income sources like salary, multiple house properties, or capital gains can f...
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
Filing your ITR early for AY 2026–27? Why you should wait till June 15With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...
Mehbooba Mufti urges PM Modi to release J&K prisoners ahead of Eid ul-AzhaJammu and Kashmir's former Chief Minister Mehbooba Mufti has appealed to Prime Minister Narendra Modi. She requested the release of prisone...
Quote of the day by Martin Luther King Jr.: 'Love is the only force capable of...' What the American civil rights activist teaches us about love and friendshipMartin Luther King Jr.'s powerful quote, "Love is the only force capable of transforming an enemy into a friend," originated in his 1963 bo...
Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
Manipur church leaders shot dead in Kangpokpi ambush; shutdown imposedThree church leaders were killed and four injured in an attack in Manipur's Kangpokpi district. Suspected militants ambushed vehicles carry...
Quote of the day by Soren Kierkegaard: 'Believe a girl, you will regret it, believe her not, and you will regret it'; Danish philosopher on paradox of choicePhilosopher Soren Kierkegaard explored the human condition of making choices. He highlighted that every decision, whether to marry or not, ...
Former leader Aung San Suu Kyi moved from prison to house arrest in MyanmarFormer Myanmar leader Aung San Suu Kyi has been moved from prison to house arrest. Her sentence was reduced as part of a prisoner amnesty f...
Emotional Krushna Abhishek falls at mami Sunita Ahuja’s feet in viral video. How he and his wife ended a 14-year feudSunita Ahuja surprised everyone on Laughter Chefs Season 3. She met her nephew, Krushna Abhishek. This marked a heartfelt reunion after yea...