Income Tax Act 1961
The Government has clarified that UPI payments will remain free for consumers and P2P transfers. However, a proposed amendment may permit nominal MDR on certain high-value merchant transactions. Here is what consumers, businesses and merchants...
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Exempt Dividend
The Lok Sabha has passed an important amendment proposing tax exemption for certain dividends distributed to REIT and InvIT unit holders, even where the underlying SPV opts for the concessional corporate tax regime. However, interest,...
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ESOP Taxation
ESOP buyback taxation as capital gains or salary under latest Bengaluru ITAT rulings
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Delhi High Court
16 Years After Income Tax Search, Cash and Jewellery Still Not Returned—Delhi High Court Directs AO's Appearance
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Form 93
New PAN application forms became effective from 1 April 2026. Find out whether existing NRIs must file Form 93, update their PAN or apply for a new PAN under PAN 2.0.
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Income Tax
Form 3CD Filing Error
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Disclosing Foreign Assets
Foreign Assets in ITR AY 2026-27: Reporting in Schedule FA & FTC. Reporting Foreign Assets in ITR and Foreign Income in ITR for AY 2026-27.
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ITR Filing
The Income Tax Department is reportedly asking employers to analyse Form 24Q and salary filing mismatches. Salaried taxpayers making unsupported HRA, allowance or deduction claims may face data-driven scrutiny.
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Income Tax
The ITR filing deadline for AY 2026-27 is not the same for every taxpayer. Understand the applicable due dates, late filing fee, interest, revised-return fee and major penalties before submitting your income-tax return.
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Central Consumer Protection Authority
Restaurants Cannot Automatically Add Service Charges
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