The Central Board of Direct Taxes has announced changes regarding tax deductions. Settlements under SEBI Act and other ...

The Central Board of Direct Taxes (CBDT) notified that any expenditure incurred to settle proceedings initiated in relation ...

It is essential to inform your employer of your preferred tax regime on time to ensure that less tax is deducted from your ...

Old tax regime, however, still offers taxpayers a range of options to save taxes through various eligible deductions and ...

The income tax department on Thursday said taxpayers will not be allowed to claim deduction for expenditures incurred to ...

Explore top monthly income schemes in India that offer tax benefits under Section 80C. Compare options like Bajaj Finance FD, ...

Income Tax Department disallows consent fees under SEBI, SCRA, Depository, and Competition Acts as business expenditure.

Since deadlines to submit salaried returns are now approaching, we will talk about Section 115BAC of the Income Tax Act, 1961. I’ve observed that some deductions are allowed under the new regime. For ...

T deductions for expenses incurred to settle proceedings under SEBI Act, Competition Act & 2 other laws. New rule via Finance ...

Under the old tax regime, individuals and businesses could claim a variety of exemptions and deductions—such as house rent ...

This article explores the legal framework, relevant case law, a positive judgment, the pros and cons of Sections 80GGB & 80GGC deductions for Political ...