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Although the I T Act 2025 has come into force with effect from April 1, 2026, the provisions of this...
Articles in “Tax Column”
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The new house must be held for a minimum of three years from the date of purchase. If it is sold bef...
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Since you are a Resident in India, all your global receipts are subject to tax in India. Therefore, ...
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Further, if your total income, after considering all these amounts from different people on various ...
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The Chandigarh Tribunal in the case of Pankil Garg has held that gift received by member of HUF is n...
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Both ‘attire’ allowance (uniform allowance) and ‘pursuit’ allowance (academic or research allowance)...
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For your information, ₹12 lakh tax free limit under the new tax regime applies only to regular incom...