By maintaining reasonable records, choosing Indian exchanges, avoiding overtrading, wisely timing disposals, and accurately ...
Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ...
Currently, the TDS framework is riddled with challenges — wrong deductions, frequent mismatches, and endless reconciliation during tax filing. These errors often result in frustration for both ...
FICCI recommended that the Central Board of Direct Taxes (CBDT) introduce a dual-track system: fast-track disposal for simple ...
FICCI stated that these measures would ease working capital stress, reduce litigation, and improve investor predictability as the government prepares the 2026-27 Budget. (ANI) ...
The Allahabad High Court ruled that tax officers cannot withhold refunds solely due to mismatches with Form 26AS. Taxpayers ...
The Virtual Digital Assets innovation is a new global world of finance — decentralized, transparent, and borderless.
Under Section 195 of the Income Tax Act, the buyer is required to deduct tax at source at 12.5 percent if the seller is a non ...
This landmark ITAT Delhi decision clarifies the scope of Fees for Technical Services, stating that routine repair and replacement work, even with incidental installation by a foreign vendor, does not ...
In immovable property sale cases, NRIs may face both TDS and TCS depending on how the sale proceeds are handled.
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...
The ITAT confirmed that a commission paid to non-resident agents operating solely abroad, without a Permanent Establishment (PE) in India, is not taxable in the country. This finding resulted in the ...