New Delhi, Sept. 17 -- A Mumbai taxpayer faced reassessment proceedings for assessment year 2018-19 after the tax department treated Rs.1,24,55,654 from bitcoin sales as unexplained investment under S... Read More
New Delhi, Sept. 17 -- Gold and silver prices remained in focus today after the US Federal Reserve raised its benchmark interest rate by 25 basis points, taking the target range to 3.75%-4%. The rate ... Read More
New Delhi, Sept. 17 -- A taxpayer cannot be made to pay higher tax merely because an accountant made a clerical error while filing the income tax return, the Delhi bench of the Income Tax Appellate Tr... Read More
New Delhi, Sept. 17 -- The September 30, 2026 deadline for filing tax audit reports for AY 2026-27 is approaching, while several chartered accountant and tax professional associations have asked the g... Read More
New Delhi, Sept. 17 -- SGB 2019-20 Series IV investors can prematurely redeem their bonds on September 17, 2026 at Rs.15,173 per unit, RBI said. For those who bought online at Rs.3,840 per gram, Rs.1 ... Read More
New Delhi, Sept. 16 -- A Mumbai ITAT ruling has provided relief to a taxpayer who had omitted Rs.38.37 lakh of cash deposits from his original ITR but disclosed the amount during assessment proceeding... Read More
New Delhi, Sept. 16 -- From 15 October, selected UPI payments above Rs.2,000 will attract MDR. But recurring payments through UPI AutoPay and mandates are treated differently, while mutual fund and ot... Read More
New Delhi, Sept. 16 -- A postgraduate medical student received Rs.18.34 lakh as stipend from Aligarh Muslim University while pursuing an MS in General Surgery. The Income Tax Department treated the am... Read More
New Delhi, Sept. 16 -- For investors choosing between bank fixed deposits (FDs) and debt mutual funds, taxation may no longer provide the clear advantage it once did. Both are generally taxed at the i... Read More
New Delhi, Sept. 16 -- Gold jewellery buyers could see a new cost entering the pricing chain just ahead of the festive season. The Bureau of Indian Standards has raised the hallmarking fee payable by ... Read More