Tag: income
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Exclusive: Income tax dept tightens grip on treaty shopping, sends notices to NRIs, foreign firms in tax havens
In a significant move aimed at curbing tax treaty abuse, the Indian Income Tax Department is believed to have sent detailed notices to several...
Can the income of a joint property be taken in single name?
I have bought a residential property with my wife by taking a joint home loan. I am the only one repaying the loan. We...
ITR Forms Sahaj and Sugam: All you need to know before you file your income tax return
As income tax return (ITR) filing season is here, taxpayers will start filing their returns as soon as the excel utility is released. The...
Exclusive I Income tax pushes for quicker disposal of tax appeals to offset revenue loss impact of tax slab tweaks
In a major push to streamline tax litigation and enhance revenue realisation, the Income Tax Department has rolled out an aggressive plan to dispose...
