ITR

Indian freelancers earning from US IT companies need to correctly report income, convert dollar earnings, claim expenses, and comply with ITR, DTAA, GST, and foreign-income rules.

The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 allows eligible taxpayers to declare certain foreign assets and income. Valuing these assets correctly is important, with different rules for shares, bank accounts, property, and other assets.

A defective ITR notice under Section 139(9) can be issued when your tax return contains missing, inconsistent, or incorrect details. But how much time you have to respond and what could happen if you ignore it are important things taxpayers should know.

The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 offers eligible taxpayers a one-time window to disclose foreign assets and income. Here’s what you need to know about the specific eligibility rules, disclosure limits, deadlines, and payment conditions.

If you are an Indian content creator earning income from YouTube, it is important to understand how your dollar earnings should be converted, taxed and reported in your ITR. Knowing the correct rules can help you avoid errors and ensure proper tax compliance.

A ₹54 lakh cash deposit landed a Rohtak property dealer in a tax dispute after he failed to file an ITR and respond to notices. But documents showing the money belonged to property buyers, not him, changed the case and led the Delhi ITAT to delete the tax addition.

Form 128 allows taxpayers to obtain lower or nil TDS/TCS certificates. Under the Income Tax 2025, child certificates can be generated for individual payers. Here's what they mean, who needs them, and how to get them.

A Mumbai ITAT ruling has offered relief to a taxpayer who claimed ₹37.16 lakh in property-related expenses during reassessment. The tribunal examined whether such claims could be allowed later and ultimately directed the tax department to delete the additions.

The Income Tax Department has released online and offline ITR-5 utilities for AY 2026-27. Here’s what taxpayers should know about who can file this form, the applicable filing deadlines, and the different options available to prepare and submit the return.

As the August 31 ITR deadline approaches, freelancers must prepare to file their income tax returns. Unlike employees, they report income from multiple clients, including foreign services, which is fully taxable in India. Details here.