This common dilemma, where Tax Deducted at Source (TDS) appears in Form 16 and salary payslips but not in Form 26AS or the Annual...

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The e-Dispute Resolution Scheme 2022 was introduced to facilitate the disposal of dispute resolution applications filed by assessees....

In the competitive global business environment, share-based compensation has emerged as a powerful tool to retain and motivate employees....

🧑‍⚖️ Case Summary & Legal Issue Facts: Section 115BAC allows individuals and HUFs to pay tax at concessional rates without availing...

Introduction: Life insurance is often seen as a dual-purpose financial tool: it provides protection for your family and offers various...

REITs are SEBI-regulated investment instruments that pool capital from investors to own and operate income-generating real estate....

In a recent Mumbai ITAT decision ( Anushka Sanjay Shah v. ITO ), the Tribunal provided welcome clarity for Non-Resident Indians (NRIs) ...

Taxability of FD Interest:  Interest income earned through FD is fully taxable under income from other sources TDS Threshold Limits on FD...

Several changes to TDS provisions have been introduced in the Finance Act (No. 2) and the Finance Act, 2025, leading to significant...

An NRI's income tax in India depends on their residential status for the year. If you are classified as a resident, your global income is...

Income chargeable to tax under the head “Income from house property” in the case of a let-out property is computed in the following...

This article explains the deductions that can be claimed while computing the income chargeable to tax under the head "Income from house...

Under the Income Tax Act, rental income received by a taxpayer from a property that includes a building or land appurtenant to the...

Composite rent refers to the rent received by a property owner not only for the building itself but also for other assets or services...

In certain situations, even if a property is not registered in your name, you may be liable to pay income tax on the rental income earned...

Introduction: The Employees' State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers....

Gratuity refers to the amount that an employer pays his employee, in return for services offered by him to the company. Gratuity shall be...

Leave Travel Allowance (LTA) is a component of an employee's salary package that is meant to cover the cost of travel during their leave...