B for FY 2025-26 (AY 2026-27) through a gazetted notification on April 7, 2025. The form ITR-B is needed to be filed by those taxpayers who have to disclose any previously undisclosed income caught in ...

Senior citizens are given an exemption limit up to Rs 3,00,000 while very senior citizens (people above the age of 80) have a ...

Learn about the ITR-B Form for undisclosed income after search or seizure. Get to know the purpose, applicability, and filing instructions in this guide.

A total of 3.89 lakh taxpayers including all categories filed their returns for income of ₹one crore and above ...

Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the ...

The bill reduces the number of chapters from 52 to 23 and pages from 823 to 622, eliminating redundant and obsolete provisions. This structural simplification makes the tax code more accessible and ...

Virtual Digital Assets (VDAs) generate earnings in various forms — capital gains, staking rewards, airdrops, and gifts — each ...

Get insights on the latest changes to TDS Forms 26Q & 27Q under Section 194T. Learn about updated reporting rules for ...

In the last hearing, the court had directed the Centre and the GST department to file their response to the pleas by online ...

The new subsidiary has been created with an authorised share capital of ₹17 crore and a paid-up capital of ₹8.5 crore.

Donald Trump held up a chart while speaking, showing the United States would charge a 34% tax on imports from China, a 20% ...