Author name: Chaitra Seetharam

Section 87A of the Income Tax Act offers tax reduction to resident individuals when total income falls within specified limits. […]

TCS on the sale of scrap means that the seller collects tax from the buyer at the time of sale.

Under section 244A of the Income Tax Act, interest on tax refunds is payable at 0.5% per month from either

An income tax refund is the amount paid by the income tax department when the amount paid in taxes (through

ITR refund time can be based on several factors like how you file your return (online or offline), accuracy of

Under Indian tax laws, Tax Collected at Source (TCS) provisions require certain sellers to collect tax from buyers at the

The Indian Income Tax (IT) Department uses advanced tools like data analytics and Artificial Intelligence (AI) to track high-value financial

Income Tax Department has notified a new form via Notification No. 49/2025 dated 19th May 2025 which has now been

As per the Income Tax Act (Section 80-IAC), a startup is an entity (company or LLP) incorporated between April 2016