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Tax Department Denies ₹37.82 Lakh Deduction, ITAT Cancels Penalty
The ITAT's recent ruling clarifies that a rejected tax deduction does not imply…
Tag: Taxation
EPF Balance Tax-Free During Career Break, Interest Taxed
Understanding the tax implications of your EPF balance is crucial for employees considering…
Minor Child Income Tax Clubbing Explained
Parents need to understand how their minor child's income is taxed under Indian tax law to…
Pfizer Retirement Payout Not Taxable, Rules Pune ITAT
The Pune ITAT has ruled that a ₹65.21 lakh payment received by a Pfizer employee under a…
US Firms Face Indian Tax Challenges
Remote workers in India for US firms must navigate complex tax obligations under the Income Tax…
EPFO’s ₹2.5 Lakh VPF Taxation Rule Explained
The VPF allows employees to contribute additional amounts beyond the mandatory 12% of their…
