AIF returns explained: Why high alpha may exist on paper, not in cash returned to investorsAlternative Investment Funds have delivered an average alpha of 9% over the Sensex, but most of that exists only in valuations, not in cash...
27 Apr, 2026, 05.59 PM IST
ITR assessment rules change from April 2026: Four key amendments explainedFour key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, intr...
17 Apr, 2026, 06.46 PM IST
New ITR forms alert: Secondary address field added, what taxpayers must knowNew Income Tax Return forms are here for Assessment Year 2026-27. A key change is a new field for a secondary address. Contact details are ...
13 Apr, 2026, 02.01 PM IST
New ITR forms for AY 2026-27: NRIs opting for new presumptive income scheme have to make this separate disclosure additionallyNew ITR forms for AY 2026-27 mandate Non-Resident Indians (NRIs) opting for the presumptive income scheme to separately disclose gross rece...
10 Apr, 2026, 12.37 PM IST
Did you donate to a political party or plan to do so in the future and claim an income tax deduction? New ITR forms require extra disclosure, check what to reportNew income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions un...
08 Apr, 2026, 03.52 PM IST
Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...
07 Apr, 2026, 02.31 PM IST
US 401(k) and other overseas pension account holders: Forms ITR-1 and ITR-4 are no longer available under the new Indian I-T Act; they must now file ITR-2 or ITR-3New Income Tax Return forms have removed ITR-1 and ITR-4, requiring US 401(k) and overseas pension account holders to now use ITR-2 or ITR-...
06 Apr, 2026, 05.51 PM IST
ITR filing: 4 disclosures you need to be ready with in new financial yearIndia’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...
06 Apr, 2026, 12.00 PM IST
ITR changes from April 2026: 5 key updates for Tax Year 2026–27 explainedStarting April 1, 2026, new Income Tax Act and Rules bring significant changes for Tax Year 2026-27. Key updates include extended ITR due d...
04 Apr, 2026, 02.47 PM IST
Budget 2026 makes TDS/TCS deduction rules mandatory, know how it will help in reducing disputesBudget 2026 has made CBDT guidelines mandatory for all property TDS and transaction participants. This move aims to prevent disputes and li...
03 Feb, 2026, 01.41 PM IST
CGAS deposit should be on actual sale consideration received from the property instead of stamp duty, Why Budget 2026 must fix thisBudget 2026 should address discrepancies in the Capital Gain Account Scheme (CGAS) by basing deposits on actual sale consideration, not sta...
28 Jan, 2026, 12.34 PM IST
Tax Battles: Firms race for AI edge in strategy and complianceIndia's Big Four accounting firms are launching advanced AI tools to handle complex tax queries and analyze documents, aiming to revolution...
14 Nov, 2025, 06.49 PM IST
Section 87A rebate rule correction: No income tax till income of Rs 12.75 lakh for salaried individuals except this incomeFor FY 2025-26 (AY 2024-25) Section 87A rebate allows an salaried individual to not pay any tax for income up to Rs 12.75 lakh but this reb...
14 Aug, 2025, 11.15 AM IST
10 Best CA Books in India to Ace the Exams (2023)Are you looking to buy CA books? Take a look at our curated list of the best CA books which will help you swiftly glide through the exams. ...
18 Jul, 2023, 03.05 PM IST
Mumbai ITAT allows Farah Khan to deduct expense in office-cum-residence caseITAT dismissed the revenue department's appeal filed in 2019, on the grounds that Khan had substantiated her claim through documents and vi...
11 Aug, 2021, 07.15 PM IST
Taxmann.com named GST Suvidha ProviderThe rollout of GST is scheduled from July 1. It is expected that around 1 crore taxpayers will be covered under this new indirect tax regim...
24 May, 2017, 06.16 PM IST
Tax dept to start consultation on changes in Customs ActTax experts said the earlier practice of importers to file bill of entry as per their convenience was causing administrative issues at cust...
19 Feb, 2017, 01.26 PM IST