TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet ...

If you bought a car costing over Rs 10 lakh, you probably paid 1% extra as TCS. That money isn’t a tax you lose — but many ...

The issue was whether TDS credit can be claimed by a person not named in the sale deed. ITAT held that TDS credit belongs only to the actual owners who executed the sale ...

The issue was whether TDS credit can be denied when interest income is adjusted against capital work-in-progress. ITAT held that once income is indirectly recognised by reducing CWIP, corresponding ...

FM Nirmala Sitharaman to present her 9th Budget. Focus expected to be on consumption push, income tax relief, MSMEs, defence, ...

Income-tax refunds have risen sharply from Rs. 1.92 lakh crore in FY21 to Rs. 4.76 lakh crore in FY25. A substantial portion ...

Drake Maye threw a career-high five touchdown passes before getting the rest of the game off in the third quarter, New ...

If an employee anticipates that their claims cannot be substantiated, they should consider filing an Updated Return (ITR-U) ...

Budget 2025 delivered meaningful relief to a large section of salaried taxpayers, sharply narrowed the gap between the old ...

A Canadian citizen of Indian origin lost his plea in the Delhi High Court to condone the delay in filing his income tax return. He failed to claim TDS deducted on the sale of his Rs 2 crore Indian ...

New Delhi: India will get a new income tax law from April 1, 2026. The Income Tax Act, 2025 will replace the old Income Tax ...

Smith (shoulder/back) completed 16 of 23 pass attempts for 201 yards, two touchdowns and an interception in Sunday's 23-21 loss to the Texans. Smith returned from a one-game absence and nearly led the ...