Two common NRI tax questions answered: how to re-request a failed income-tax refund credited to an NRE account, and whether NRIs can claim capital gains exemption under section 115F if they haven’t ...
The Court held that the Revenue cannot issue reassessment notices after the limited surviving period available under TOLA and the Supreme Court’s transitional framework. Notices issued beyond that ...
If you pay more than ₹50,000 in monthly rent, there is an important income tax rule that every tenant in India should know. Under Section 194-IB of the Income Tax Act, tenants paying rent above this ...
The proposed regulations explain how to open the accounts, who can request the federal $1,000 pilot contribution, and how the ...
The Bombay High Court held that the reassessment notice under Section 148 was issued after the surviving limitation period expired. As a result, the entire reassessment proceedings and assessment ...