Income Tax department activates section wise mapping of I-T Act, Tax Bill
The word ‘notwithstanding’, which was used excessively in the Income Tax Act, 1961, has been done away with in the new Bill.
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Interest for broken period on securities held as stock is allowable as deduction
Telangana High Court held that interest paid for broken period on securities held as stock-in-trade is allowable as deduction ...
Income Tax Bill 2025: I-T department launches self-mapping tool to compare old act, new bill
The Income Tax Department has made available a comprehensive comparison tool on their website, detailing the correlation ...