Indian YouTube creators earning AdSense income must follow specific rules for tax calculation and ITR filings as per Rule 206 of the Income-tax Rules, 2026. Earnings in dollars must be converted at…
The Income Tax Appellate Tribunal (ITAT) Mumbai has ruled that a higher stamp-duty valuation of a property, by itself, cannot prove that a buyer made an undisclosed investment. The order came in…
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has upheld a Rs 1.86 lakh penalty under the Black Money Act against taxpayer Ashok Shankar for failing to disclose a UAE…
The Delhi High Court has barred the income tax department from processing income tax returns filed by Supreme Court and high court judges under the new tax regime. The dispute centres on…
Many retirees assume their tax liability ends with their salary. The Economic Times reports that monthly pension, interest from savings accounts, FDs, post office deposits, and the Senior Citizens' Savings Scheme remain…
Income tax refunds are often delayed due to specific issues, NDTV reports. Pending e-verification, mismatches between the Annual Information Statement (AIS) and Form 26AS, incorrect bank account details, and additional scrutiny are…
From 1 April 2026, taxpayers can use Form 128 to obtain lower or nil tax deduction certificates. These certificates allow payers to deduct tax at a reduced rate instead of the standard…
If you buy a co-owner's 50% share in a jointly held property and later sell the entire asset, you must compute capital gains separately for each share. Experts say the two halves…
The Income Tax Appellate Tribunal (ITAT) has partly allowed six appeals by BBC Global News Limited, reducing the profit attributable to its Indian operations from 15% to 12% of advertising revenue, Bar…
The total income tax liability of entities filing ITR-7 nearly tripled to Rs 1,043 crore in Assessment Year 2025-26, from Rs 356 crore in AY 2021-22, according to government data presented in…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.