Decade-old income tax demands are resurfacing on the income tax portal, catching many taxpayers off guard. According to a ...

While the demands themselves may be genuine, establishing that statutory notices and assessment orders were properly ...

Delhi High Court held that application of income tax department for release of FDR towards tax liability not entertained until conclusion of trial under Prevention of Money Laundering Act, 2002 [PMLA] ...

A Singapore-based NRI woman earned Rs 1.35 crore from selling Indian mutual funds. She claimed tax exemption under the ...

Kolkata ITAT held that mere suspicion or self-made vouchers cannot justify ad-hoc disallowance of business expenses. Without evidence that expenditure was illegal or prohibited, Section 37 ...

The state pension is the bedrock of your retirement income. But many people wrongly believe it is a fixed amount for everyone ...

MILLIONS of households claiming benefits including the state pension will be affected by a number of shake-ups next year.