Tax Relief News

The Income Tax Appellate Tribunal (ITAT) Delhi has granted a ₹34 lakh tax relief to an F&O trader by rejecting the 'speculative loss' tag, after examining the d

The Mumbai Income Tax Appellate Tribunal (ITAT) has allowed tax relief for two flats purchased as a single home.

Greek Prime Minister Kyriakos Mitsotakis has promised over 2 billion euros in tax cuts, salary increases, and other support measures ahead of next year's genera

The Supreme Court has quashed a ₹890.52 crore GST demand, along with an equal penalty and interest, against Tata Steel, providing significant relief to the comp

A Delhi couple received relief in a ₹2.25 crore Black Money Act case after the ITAT Delhi deleted additions related to foreign company and bank account transact

Reform UK has announced plans to abolish GDPR and replace it with 'light-touch' laws, alongside expanding a venture capital scheme offering tax relief to invest

The government is developing rules for an online application system for nil- or lower-TDS certificates under the Income Tax Act, 2025. This initiative aims to r

The Income Tax Appellate Tribunal (ITAT) Chennai has granted tax relief in a case where a property was sold for ₹94 lakh despite a stamp value of ₹1.93 crore. T

A redevelopment firm received tax relief after the ITAT Mumbai ruled that its ₹8 crore provision for tenant compensation was not contingent. This ruling clarifi

A Delhi ITAT ruling allows taxpayers to correct ITRs if foreign salary was wrongly reported as taxable in India, but clarifies that foreign tax credit cannot be

The tax authorities are reportedly looking into measures to alleviate the Goods and Services Tax (GST) burden for Indian businesses.