TS Plans to Reopen Closed Tax Cases Unnerves Bizmen Nation
An internal note circulated by the commercial tax department to the joint commissioners of all divisions in the state has […]
Income Tax, Income Tax News
Income Tax
CBDT Notification, Income Tax, Notification and Circular, Notification And Circular, Press Release, Press Release
CBDT signs record number of 125 Advance Pricing Agreements (APAs) in FY 2023-24
The Central Board of Direct Taxes (CBDT) has entered into a record 125 Advance Pricing Agreements (APAs) in FY 2023-24
Income Tax, Income Tax News
ITAT Ruling: Joint Property Ownership No Bar to Tax Benefits on New House Investments
A recent ruling by the Mumbai bench of the Income-tax Appellate Tribunal (ITAT) presents significant information for individuals who jointly
Income Tax, Press Release, Press Release
CBDT clarifies on media reports claiming special drive to reopen cases with reference to HRA claims
Certain instances of mismatch of information as filed by the taxpayer and as available with the Income Tax Department have
Income Tax, Press Release, Press Release
Functionalities to file commonly used ITRs enabled by CBDT on April 01, 2024
The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment
CBDT Notification, Income Tax, Notification And Circular, Notification and Circular
CBDT Releases Guidelines for Expedited Appeal Disposal
The Central Board of Direct Taxes (CBDT) has released Guidelines vide F.No.279/Misc/М-102/2021-ITJ dated March 07, 2024 for the expedited handling of
Income Tax, News
Income Tax Department To Send Notice For ITR Mismatch, Details Here
The Income Tax Department has initiated a process of issuing formal notice to taxpayers regarding potential discrepancies identified between the
Income Tax, ITAT, Notification and Circular, Notification And Circular
15 Retired IRS Officers Among 40 ITAT Members Who Gets Posting Orders, Check the List Here
15 retired Indian Revenue Services (IRS) officers of various batches got posted as Income Tax Appellate Tribunal (ITAT) members. The
Important News, Income Tax
Income Tax Exemption Announced for Specific Trusts and Institutions Under Conditions
On March 8, 2024, the Income Tax Department issued an update stating that the income of certain trusts, institutions, universities,
Important News, Income Tax
Income Tax Department issued Update on Option to File ITR-U Under Section 139(8A) of IT Act
The Income Tax Department announced on March 7, 2024, an update regarding the option to submit an Updated Income Tax