Myron Jobson [1] shares his checklist of money hacks to help you make the most of your tax allowances before the end of the tax year.

AO issued a notice under Section 148 to reopen the assessment on the ground that the company had wrongly claimed Rs. 17.37 crores as lease payments under revenue expenditure, had improperly accounted ...

Discussions about moving from desktop tools to a fully cloud-based [1] workflow are no longer centred on what the cloud is but how it can ...

The government's tax arm responded to taxpayers via Twitter, now X, who asked whether they needed to fill in tax returns as ...

The Simplified Income Tax Bill 2025, introduced by Finance Minister Nirmala Sitharaman, will replace the outdated Income Tax ...

Britons have been warned to prepare for a potential tax bill if they've ever made substantial monetary gifts to family ...

Whether it’s the Finance Bill, 2025, or the new Income Tax Bill, the detailed FAQs provided by the income tax department ...

Undeclared income from side hustles forms part of the hidden economy, HMRC said. It says it is committed to reducing the tax gap, of which the hidden economy accounts for around £2.2 billion.

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...

HMRC has issued a warning to hundreds of thousands of households receiving letters in the post. As the financial year ends, ...

During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate provisions. Read below to know more about the Income Tax Bill 2025.

ITAT Bangalore held that penalty under section 271B of the Income Tax Act for delay in uploading audit report set aside as ...