Articles

The Income Tax Department has launched the Income Tax Return (ITR) utility with new codes for 'Social Media Influencers' in the ITR Form

Income Tax Dept Introduces New Code for "Social Media Influencers" in ITR

Gujarat High Court rules that rental income from a let-out factory is taxable under "Income from House Property," allowing Section 24 deductions.

High Court ruled in favor of the company and quashed the orders as it was issued without giving any proper reasons.

The Income Tax Department has officially released the Offline Utility for ITR-2, AY 2025-26

The court observed that the amendment application was made after the goods were detained, due to which the appeal was rejected.

Income Tax Dept has granted tax exemption to the Greater Ludhiana Area Development Authority under section (46A) (b) of the Income Tax Act

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