Assam government is implementing austerity measures to combat the global energy crisis. New vehicle purchases have been banned for six mont...

TDS on rent: According to a Income Tax Department brochure, Form 16C is a TDS certificate issued by a tenant to a landlord for rent payment...

Delhi University's revenue from student fees has more than doubled to over Rs 200 crore in five years, while UGC grants remain largely unde...

If a tenant has paid the rent for a year, the House Rent Allowance (HRA) related proof is one of the documents that must be submitted.

Here are 3 scenarios young earners are likely to face while claiming tax exemption on HRA and how they can deal with these.

Rent payment is one of the biggest monthly expenditures, especially for youngsters living away from parental homes. In the case of credit c...

DLF is expected to see promoters infusing this money, net of taxes, into the company by December-end for its proposed debt reduction plan.

As per a ruling, the assessing officer can now demand proof, such as electricity bill, in allowing a lower taxable income as computed by a ...

The new app will also allow freelancers and businesses to file ITR 4S and ITR 4 using the app.

A simple yet effective online tool to aid individuals in filling their HRA proofs to claim tax benefits has been launched.

In face of the criticism targeted at the party and government since the recommendations were announced on Tuesday , the strongest defence c...

Accepting cash or repayment of loans from friends and family in cash for amounts higher than Rs 50,000 and not reporting it is also evasion.

Power companies will be forced to pay more for imported coal as Indian Railways has decided to levy congestion charge of 10% on base freigh...

Raising doubts on the impartiality of the Saxena-Pandey committee appointed by the Centre, the Orissa government has questioned the authent...

Tax portals facilitate filing of tax returns online. But while opting for this facility, make sure you hit the right buttons.

Ministry Audit finds huge gap between value of govt land & its rent receipts.

KLM Airlines got a reprieve from the income tax department on the rent paid for cargo space hired by it from Airport Authority of India, th...