May 4, 2022 The Supreme Court of India, in this case addressed the issue of reassessment notices issued under Section 148 of the Income Tax Act, 1961 in light of the amendments introduced by the ...

The court ruled that the reassessment notice was invalid, emphasizing that once an authority determines that reassessment is unnecessary, it cannot reverse its decision arbitrarily without a valid ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

Mumbai: Housing experts and resident welfare associations are shocked over the state government’s proposal to increase the ...

Hundreds of people protested in New York Monday against President Donald Trump's executive orders restricting treatment for ...

MUMBAI: Observing that it was disturbed by the shabby and insensitive treatment meted out to a senior citizen over the return ...

Mumbai: The Bombay High Court has emphasized the necessity of maintaining high educational standards, particularly in medical studies, while upholding the dismissal of an MBBS student. The student ...

New income tax slabs: Nirmala Sitharaman made a historic announcement that there will be no income tax payable for those with an income upto ₹12 lakh. New Income Tax Slabs: Union finance ...

Income tax slabs and income tax rates for FY 2025-26 have been revised under the new income tax regime and ... However, as Deepak Joshi, Supreme Court ad vocate, says, this amendment is not ...

Union finance minister Nirmala Sitharaman on Saturday announced that the government will introduce the new Income Tax bill next week in Parliament Union finance minister Nirmala Sitharaman ...

Income Tax Budget 2025 LIVE: According to the new budget proposal ... which may lead to additional scrutiny. 3. High Tax, No Set-Offs: Gains from crypto transactions remain taxed at 30%, with ...

Union Budget 2025: With income tax slabs becoming more ... Experts say that the new tax regime will now offer more savings but if someone falls in the high-income bracket and has an HRA and ...