Death does not end income tax duties: What legal heirs must do about pending returns, notices and unpaid dues
A person’s death does not automatically close their income tax matters. They may file returns, answer notices and…
Can retirees claim enhanced ₹25L leave encashment exemption for pre-2023 years? ITAT ruling explained
Retirees who earlier received only ₹3 lakh in leave encashment tax exemption before 2023 may now qualify for…
ITR filing 2026: Have a US 401(k) or foreign pension? You may have to file ITR-2
Thousands of taxpayers returning to India after working abroad may no longer be eligible to file the simplified…
Death doesn’t end income tax liability: Who is responsible for paying a deceased person’s tax dues?
When a taxpayer dies, their income tax dues and financial affairs do not simply disappear. Income earned before…
Aggressive tax planning schemes, specially those designed by third parties, will annoy CRA – Canada v. Microbjo Properties Inc.
Introduction – When Tax Planning Crosses the Line: Lessons from Microbjo Properties The case of Canada v. Microbjo Properties…
Will interest on EPF balance earned till age 58 be tax-free after I stop work?
I left my job in 2025 at the age of 48 after working for 18 years. During this…