From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures ...

Taxpayers and professionals are increasingly finding themselves under the scanner of the Income Tax Department (ITD) due to a mismatch between TDS deducted under Section 194J and the presumptive ...

The landmark Income-tax Act, 2025, which replaced the six-decade-old 1961 law, promised simplicity by eliminating provisos and explanations. But according to O.P. Yadav, former Principal Commissioner ...