Draft Income Tax Rules 2026: Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details are some of the changes that income taxpayers can ...

Indians working abroad can claim Foreign Tax Credit (FTC) by filing Form 67. Draft rules propose renumbering it to Form 44, requiring CA certificates for companies and individuals with foreign tax ...

The draft rules make it mandatory to disclose the relationship with the landlord for claiming the HRA benefit.

The Income Tax Department warns taxpayers about rising ITR refund scams involving fake emails, SMS and calls. Here’s how the ...

It started with a simple message about a pending tax refund. Within minutes, a taxpayer had lost Rs 1.5 lakh. The case reveals how scammers are exploiting refund anxiety.

ITAT Indore held that stamp duty valuation cannot be adopted without considering Section 50C(2)/(3). The matter was remanded for DVO reference and fresh ...

ITAT Hyderabad remanded the capital gains issue for verification of demolition expenses under Section 48. The Tribunal directed the AO to examine evidence before allowing indexed ...

PAN may become inoperative from January 2026 if not linked with Aadhaar. Learn how it impacts TDS, refunds, loans and how you ...

PENALTIES—Failure to disclose the relationship or claiming HRA through “paper entries" could be treated as misreporting of income. Under Section 439 of the Income Tax Act, 2025 corresponding to ...

Health insurance in India enables NRIs to cover family members and claim tax deductions on Indian income. It offers affordable premiums, local claims convenience, and financial security alongside medi ...

Salaried employees claiming HRA may soon face tighter disclosure norms under the Draft Income-tax Rules, 2026. The CBDT has proposed that tenants must now disclose their relationship with the landlord ...