The Telangana High Court has upheld the election of CPI's Kunamneni Sambasiva Rao in 2023, as MLA from the Kothagudem ...

A PAN card, issued by the Income Tax Department, is essential for various financial activities, including opening a bank ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax ...

Certificate for deduction at lower rate. (1) Subject to rules made under sub-section (2A), where, in the case of any income of any person or sum payable to any person, income-tax is required to be ...

Summary: An Income Tax Clearance Certificate (ITCC) is required under Section 230 of the Income Tax Act, 1961, for non-residents earning income in India before leaving the country.This certificate ...

The BJP has expressed concerns over the nomination affidavit submitted by Priyanka Gandhi, suggesting that her income details may not be fully disclosed. Allegations have also surfaced claiming ...

The Income Tax Department on Tuesday reiterated that barring rare cases, there is no need for all Indian citizens to obtain income-tax clearance certificate (ITCC) before leaving the country.

After outrage, govt clarifies: Tax clearance certificate only for people with tax dues, high-value defaulters The ministry said that the Income Tax department through a 2004 notification has specified ...

Form 16 must be provided as per Section 203 of the Income Tax Act. Nevertheless, discrepancies may arise between the information in this form and the pre-filled ITR form.

Income tax return guide: For individuals with income from salary or pension, the applicable forms are ITR-1 and ITR-2. For self-employed businesspersons or professionals, ITR-3 or ITR-4 will be ...

Other assets include four gold rings weighing 45g valued at ₹2.67 lakh, cash in hand totalling ₹52,920, National Savings Certificates worth ₹9.12 lakh and income tax deduction of ₹3.33 ...