Active Stocks

Wed Nov 27 2024 15:59:53

NTPC share price
369.20 2.09%

Tata Steel share price
144.50 0.03%

Wipro share price
582.70 -1.08%

Tata Motors share price
784.35 0.14%

State Bank Of India share price
834.20 -0.61%

Business News > Mint Authors > Gautam Nayak

Gautam Nayak

Mint Author

ARTICLES BY GAUTAM NAYAK

These are, in most cases, blatant mistakes in processing the tax returns, such as not giving credit for TDS that appears in Form 26AS or incorrectly calculating some deduction or interest. (HT)

Tax systems prove taxing for taxpayers

3 min read . 01 Oct 2024

The tax authorities have held that spending has to be in India, even if the benefit flows to the public in India to qualify for exemption. (Image: Pixabay)

Tax exemption for trusts: Spending in India or benefit in India?

4 min read . 02 Sep 2024

Past committees had produced some of the most comprehensive reports, but their excellent suggestions were seldom acted upon by the government. (HT_PRINT)

Income tax reforms: Will the review deliver on promises?

3 min read . 26 Aug 2024

The fineprint and the math show no real benefit to the taxpayer. (iStockphoto)

Budget 2024: The TCS credit against TDS on salary is a toothless provision

4 min read . 28 Jul 2024

The big shock, however, lies in the complete elimination of indexation of cost for all other long-term capital assets. (Photo: iStock)

Budget deals capital gains tax blow to investors

4 min read . 24 Jul 2024

First and safest option is to file a revised income tax return. In a revised return, you can correct any and all mistakes. (Photo: Mint)

Options for correction of mistakes in past income tax returns

4 min read . 27 May 2024

Taxpayers can object to any incorrect transaction by giving their feedback on the department’s compliance portal.

E-verification of ITRs: mismatches and the mistakes

3 min read . 11 Mar 2024

From an income tax perspective, the charitable trust option does seem to be the better option. (HT)

Should charity be done directly or through a trust?

3 min read . 11 Dec 2023

When one sells a property that is under construction, the date on which the property has been acquired is the date of acquisition.

Indexation and cost of acquisition of an under-construction property

3 min read . 26 Oct 2023

There are a large number of cases where foreign assets have been acquired out of disclosed incomes. (iStockphoto)

Review penalty for non-disclosure of foreign assets

4 min read . 09 Oct 2023

Tax on reduction of capital: Here’s how shareholders will get affected

3 min read . 13 Jul 2023

Leave encashment received on retirement is exempt from tax. (Photo: istock)

Decoding the tax exempt status of encashed leaves

1 min read . 05 Jun 2023

Here are the tax risks of being a joint holder

3 min read . 09 May 2023

Are taxpayers unwittingly giving an interest-free loan to the government?

4 min read . 20 Apr 2023

Housing and the budget impact on redevelopment

3 min read . 20 Mar 2023

Can India’s tax systems override its tax laws?

3 min read . 17 Jan 2023

Taxpayers’ dilemma: conflicts between tax laws and Fema

Taxpayers’ dilemma: Conflicts between tax laws and Fema

1 min read . 12 Dec 2022

Is the double taxation on buyback of listed shares still required?

4 min read . 04 Nov 2022

Tax deduction on perquisites or benefits received

3 min read . 03 Oct 2022

Inordinate delay in income tax appeal hearings

3 min read . 22 Aug 2022