Tenants are supposed to deduct TDS at the rate of 2 percent if the rent paid is more than ₹50,000 a month. Earlier the rate stood at 5 percent until September last year ...

Before filing the income tax return for someone who has passed away, the legal heir needs to register on the income tax ...

Employee Stock Option Plans (ESOPs) lead to tax at two points and misreporting may lead to mismatches, notices or interest. On exercising the options, the amount that you pay above the exercise price ...