Income Tax rules

I wish to gift some of the listed shares held by for last 5-10 years to my HUF who will immediately sell them. The HUF will then buy a residential…

I am a male NRI who retired and came back from US to India for good in Aug 2019 and am retired since then. I am a US citizen. My age is 66. Almost…

New income tax rules: After ushering into new financial year, a lot of changes income tax rules have been implemented from 1st April 2022.…

Income tax rules for virtual asset investors has changed from today. As per new income rules from April 2022, a cryptocurrency investor will have to…

Income tax return (ITR) filing: The income tax department of India has notified new ITR forms for the financial year 2022-23. The Central board of…

Cryptocurrency assets will be taxed: From 1st April 2022, some changes in the income tax rules announced by Finance Minister Nirmala Sitharaman…

I have received about ₹9 lakhs from 2 tax ULIP policy matured after 10 years of investment in 2 policies. Are these receipts taxable? If taxable…

I have two residential properties in my name bought more than 8 years back. I am planning to purchase another residential property in the next few…

One of my colleague opted for new tax regime for Assessment year 21-22 and paid tax accordingly. He forgot to file his ITR before due date. While…

I have two small residential flats. One was bought in 2001 and we lived in that until 2017, then moved to a smaller flat bought in 2016 by taking…