Equity shares received by private trust for relatives’ benefit is exempt from income tax, ITAT Chennai rules

Private trust received equity shares worth Rs 15.78 crore for relatives’ benefit; transfer is tax-exempt, rules ITAT Chennai ...

New tax law from April 1: What it means for income, filing, and compliance

Taxpayers must be able to distinguish between matters where the old tax law still applies and those where the new one does ...

Property buyer deposited TDS in wrong year? How Form 71 can help sellers claim credit and rectify the error within 2 years

Property buyer made error in deducting TDS from sale consideration? File Form 71 within two years to rectify this error; Know ...