'If this first instalment of advance tax is paid by June 30, instead of June 15, then the interest on delayed payment will be levied at 0.75% per month instead of 1% per month,' notes Homi Mistry,......
From 100% tax deductions for contributions to PM-CARES fund to extending the due date for linking Aadhar and PAN card, the government has provided various tax relief and extensions in deadlines for......
The tax imposed on buyback of shares and employee stock options is different in case of listed and unlisted companies, says Sudipto Dey. Illustration: Uttam Ghosh/Rediff.com. E-commerce major......
When Taragauri Doshi’s husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna......
You can electronically verify returns and regularise these by August 31. If you had filed your income tax return but it has not been processed because the acknowledgement (ITR-V) didn’t reach......