Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

Each year, people wonder if they should do their own taxes or enlist a professional. We'll help you decide what to do for tax ...

In this episode of Tax Notes Talk, Tax Notes investigations editor Lauren Loricchio discusses security concerns regarding tax ...

After providing a big relief to the Indian middle class in the Union Budget 2025-26, the government is all set to present a new Income Tax Bill this week which would further simplify the entire ...

The Finance Bill, 2025, introduces significant changes to penalty provisions under the Income Tax Act. Sections 271C, 271CA, 271D, 271DA, 271DB, and 271E will now allow penalties to be imposed by the ...

The amendment in the Finance Bill 2025 provides some relief to taxpayers by offering them a second chance to comply with the ...

The Karnataka High Court has refused to quash prosecution initiated by the Income Tax Department against an assessee who had ...

The new Income Tax Bill introduced on February 6, aimi to replace the outdated 1961 law with a simplified system tailored for ...

Budgets usually witness a few days of number-crunching and reading the fine print, before markets settle down. In this case, ...

The Delhi High Court has held that the fees paid by IPR law firm Remfry & Sagar to acquire the goodwill vested in a company run by the family members of its deceased founder, is a business ...

Ultimately, India should get a fair share of tax revenue (from overseas digital firms accessing Indian market), which we are ...

Finance Minister Nirmala Sitharaman had in July last year announced a comprehensive review of the Income-tax Act 1961.