Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

The AO initially passed an assessment order, making additions related to transfer pricing adjustments and disallowance under Section 14A. Subsequently, the assessment was reopened under Section 147 ...

(ii) The Assessing Officer failed to appreciate that as per the DTAA, gains in respect of shares acquired post 4.2017 are taxable as per the Act and that these are the only losses which are carried ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

The Zimbabwe Revenue Authority (ZIMRA) has upped the ante in tightening the taxation grip on workers after launching an Employee Management Module, under its popular TaRMS platform.The new module ...

Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...

The recent budget announcement of zero tax for earnings up to Rs 12 lakh and revised tax slabs aims to prompt over 90% of taxpayers to adopt the new tax regime. CBDT Chairman Ravi Agrawal highlighted ...

Tax planning done right can reduce your tax liability by up to 26%. Most people don’t know about the tax-saving opportunities they can use. A tax planner India helps you tap into these savings. The ...

These rates serve as the reference rates for foreign exchange required for ITR (Income Tax Return) purposes and are unfortunately not made readily available by RBI or SBI.

# install developers version (requires devtools) # install.packages("devtools") # devtools::install_github("alexpkeil1/qgcomp") # master version (usually reliable ...