Bangalore reviewed an appeal by Manoj Kumar Ekambaram Arcot regarding the denial of exemption under Section 54 of the Income Tax Act for the assessment year 2015-16. The case was initially scrutinized ...
The Simplified Income Tax Bill 2025, introduced by Finance Minister Nirmala Sitharaman, will replace the outdated Income Tax ...
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New Income Tax Bill 2025: Why is the 64-year-old tax law changing; What changes have happened in gratuity, pension and VRS?To simplify the 64-year-old Income Tax Act 1961 and eliminate unnecessary provisions in it, Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in the Lok Sabha on Thursday. In ...
In the recent ruling HC of Telangana have held that assessee is eligible to claim capital gain after observing that the ...
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