On November 19, 2025, the Income Tax Appellate Tribunal ruled that if a non-resident taxpayers’ total income from India consists solely of dividends, interest, etc (known as Section 115A incomes) and ...

The Finance Ministry said that new Income Tax Return forms will be released before the financial year 2027-28. This follows a ...

ITAT Pune ruled that income from temporarily letting sugar factory assets is business income, not “Income from Other Sources,” allowing set-off of brought-forward ...

The Tribunal observed that Form 67 was available before 143(1) processing, making the denial of FTC unjustified. It set aside the appellate order and directed the AO to grant FTC after ...

New 2026 CRA tax brackets can cut “bracket creep” so plan around them to ensure more compounding, and consider Manulife for ...

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The Chancellor of the Exchequer delivered the United Kingdom (“UK”) Budget for 2025 on 26 November 2025. It is unusual for the UK’s Budget to be held ...

UK Chancellor of the Exchequer, Rachel Reeves, announced her second Budget on November 26, 2025. We set out below a summary of the main tax ...

The Income Tax department has warned taxpayers who have not disclosed their foreign income and overseas assets to revise ...

With multiple tax compliances due this month, December demands careful attention from individuals and businesses alike. These ...

The Chartered Accountants Association of Surat (CAAS) has filed a fresh writ petition before the Gujarat High Court under ...