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 ...

ET Wealth Reader's Query: Is it possible to file an income tax return (ITR) for a deceased family member (mother or father) ...

Income Tax Return (ITR) filing AY 2025-26: If you haven’t filed your ITR for AY 2025-26 yet, you have one last chance. You can file a belated return by December 31st and claim your income tax refund.

Overview: Income tax refunds often delay due to missed e-verification, data mismatches, or incorrect bank details.Checking ...

The Madras High Court held that companies could not file manual income-tax returns after e-filing became mandatory from May 14, 2007. A manual return filed for AY 2008–09 was held legally ...

● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...

Navigating taxes after inheriting assets can be complex. Legal heirs can file the deceased's tax returns and receive refunds, ...

Non-resident Indians (NRIs) selling property face significant fund blockage due to complex tax regulations, urging for ...

Complex tax regulations concerning property sales by Non-Resident Indians (NRIs) are causing significant financial blockages ...

Budget 2026 Expectations: Buying property from Non-Resident Indians creates tax hurdles for buyers. Current rules demand ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With simpler language, consolidated provisions and expanded pre-filled returns, ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is generated.