Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...
ITAT Delhi held that interest on enhanced compensation under section 28 of Land Acquisition Act, 1894 is not exempt u/s. 10 (37). Such interest is exigible to tax u/s. 56 (2) (viii) r.w.s. 145B (1).
With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...
Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...