Income Tax
The Income Tax Appellate Tribunal has ruled that foreign salary deposited in NRE accounts is not taxable in India, providing major relief to non-resident …
Income Tax
Income Tax Day, observed on July 24 in India, commemorates the introduction of income tax in 1860. Understanding its history helps taxpayers appreciate their …
Income Tax
Income Tax Day commemorates the introduction of income tax in India on July 24, 1860. The day celebrates taxpayer contributions and promotes awareness about …
Income Tax
India celebrates Income Tax Day on July 24, marking 167 years since the first income tax was introduced in 1860. From colonial-era paper returns …
Income Tax
The Allahabad High Court has ruled that income tax notices issued to deceased persons are invalid, reaffirming that tax laws are meant to apply …
Income Tax
The Income Tax Department celebrated its 167th Income Tax Day on July 24, 2026, marking over a century and a half of direct taxation …
Income Tax
As the income tax return filing deadline approaches, understanding penalties for late filing, non-filing, and incorrect returns can help taxpayers avoid unnecessary financial burdens …
Income Tax
Income Tax Day, observed on July 24th each year, commemorates the introduction of income tax in India. This year's 167th celebration in Mumbai underscores …
Income Tax
India's tax authorities are expanding their reach into digital domains with new search and seizure provisions targeting virtual assets, cloud storage, and cryptocurrency holdings …