If I receive a non-agricultural land from my uncle (mother’s brother) as a gift, what is my tax liability? My uncle wants to gift the land either to me or my mother. The market value of this land is

Chennai: Income-tax investigators on Tuesday knocked on the doors of the well-known vegetarian restaurant chains, Hotel Saravana Bhavan and Adyar Ananda Bhavan of Tamil Nadu, to verify possible tax e

Hyderabad: Filing tax returns has become even more of a headache because of delays in PAN migration. Some assessees have been waiting for a year for the process of PAN migration to be completed when

Pavitra received Rs 3.5 lakh from the sale of family property in her native place. She has a housing loan of Rs 30 lakh for which she is paying an EMI of Rs 35,000. She has completed two years of the

Taking a firm position on amending the income-tax (IT) Act retrospectively to tax deals like Vodafone, India has told the United States that companies making capital gains from assets located in India

Mumbai, Jan. 24: Income-tax officials raided the residences and offices of Bollywood actors Katrina Kaif and Priyanka Chopra in Mumbai on Monday. Sources said that they had been investigating the offs

Bengaluru, Oct. 25: Just as the dust over the political battles in the state seemed to be settling down, the income-tax department on Monday opened up a new front, raiding simultaneously some 60 plac

Bengaluru, Oct. 25: Just as the dust over the political battles in the state seemed to be settling down, the income-tax department on Monday opened up a new front, raiding simultaneously some 60 plac

Bengaluru, Oct. 25: Just as the dust over the political battles in the state seemed to be settling down, the income-tax department on Monday opened up a new front, raiding simultaneously some 60 plac

Bengaluru, Oct. 25: Just as the dust over the political battles in the state seemed to be settling down, the income-tax department on Monday opened up a new front, raiding simultaneously some 60 plac