Employees earning foreign income face higher tax deductions. This happens because employers cannot apply foreign tax credits ...

Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

Section 194T mandates 10% TDS on salary, interest, and remuneration paid to partners. Firms must now deduct tax at source ...

If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax ...

Canadian citizen of Indian origin sold India property for Rs 2 crore; buyer deducted TDS but he did not file ITR; lost case ...

The case dealt with a TDS return processed in March 2015 where late fee was levied. The Tribunal held such levy to be without ...

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...