The European Union has rejected Apple's claims regarding the delayed launch of its AI-powered Siri. EU officials state that Apple alone is ...

An NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...

The Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ru...

The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...

Mr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...

Assam's government employees and pensioners will see a Dearness Allowance and Relief increase to 60 percent. A second state capital region ...

The Sharad Pawar-led NCP (SP) has labeled the Mukhyamantri Majhi Ladki Bahin Yojana a major scandal. Over 80 lakh ineligible beneficiaries ...

Australia's parliament has approved a major tax reform. The government is curbing tax breaks for property investors to boost housing afford...

More than $3,400 is the projected average IRS tax refund for many eligible filers this year, making tax refund updates one of the most sear...

Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...

President Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welf...

A Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...

Manoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...

India's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...

The Income Tax Appellate Tribunal has ruled that tax deducted at source credit cannot be denied once income is taxed. This decision came in...

With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...

A Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...