An HUF gets its own basic exemption limit and can claim deductions under sections like 80C, 80D and others just like an ...

Did our AI summary help? What happens when assets are transferred from an HUF to an individual account? Today’s Ask Wallet Wise explains why a member has no recourse once the deadline to file a ...

Oil sank and U.S. stocks rose on Monday on hopes that an end to the Middle East war could be in sight after U.S. President ...

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The case involved estimated addition on agricultural income and dismissal of appeal for non-prosecution. ITAT held such dismissal invalid and ruled that arbitrary estimation without evidence cannot ...

Revolut Bank, the European digital bank with more than 2.3 million customers in Hungary, is officially announcing the ...

A woman's Rs 50 lakh insurance policy purchase was deemed an unexplained investment. She claimed HUF funding from ...

Tenants paying over Rs 50,000 monthly rent must adhere to the tax deduction at source (TDS) rule under Section 194-IB of the Income Tax Act, 1961.

The Court held that recording satisfaction after a delay of nine months was not immediate as required by law. It upheld ...

Sovereign Gold Bond SGB: The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond SGB ...

A month ago, the idea that the National Bank of Hungary’s February rate cut would become an actual one-and-done move looked ...

Market regulator Securities and Exchange Board of India (SEBI) has imposed a total penalty of ₹2.80 crore on 18 entities and ...