Income Tax Dept’s algorithm is misreading capital gains from unlisted shares as business receipts and sending intimations; Know what to do

Taxpayers are receiving incorrect mismatch alerts from the Income Tax Department. The department's automated systems are ...

Intimidating tone by I-T dept, Karnataka CA body flags income tax intimations about AIS mismatch, property deal, foreign asset

Karnataka CA body highlights how people are getting stressed on getting tax intimation emails about property deals, car ...

Form 12BB Review In January Can Help Salaried Employees Avoid Higher TDS

Salaried employees should review Form 12BB by January to avoid higher TDS, ensure accurate Form 16 reporting, and fully claim tax-saving deductions.
Tax Guru

No TDS on Arbitral Award Without Statutory Authority; Refund Ordered – Calcutta HC

The court directed the refund of TDS erroneously deducted from an arbitral award, ruling that interest on the TDS is not ...