Capital gains tax reforms, removing exemptions & deductions likely to be announced in upcoming Budget
The upcoming interim budget could bring in a fresh surprise for taxpayers as the government feels the work has not […]
Income Tax, News
Income Tax
Income Tax, Press Release, Press Release
Direct Tax Collections Surge to Rs. 11.07 Lakh Crore, Growing by 17.95% as of October 9, 2023
The provisional figures of Direct Tax collections up to October 9, 2023 continue to register steady growth, with gross collections at
Important News, Income Tax
Income Tax Department Releases E-Flyer: Say No to Cash Transactions and Understand Cash Transaction Limits
The Income Tax Department has recently issued an E-Flyer detailing the cash transaction limits and emphasized the significant consequences associated
Important News, Income Tax
Income Tax Department Releases E-Flyer: Say No to Cash Transactions and Understand Cash Transaction Limits
The Income Tax Department has recently issued an E-Flyer detailing the cash transaction limits and emphasized the significant consequences associated
Income Tax, News
Income tax department to refund Rs 190 crore with interest to Vedanta: Delhi HC
The Income Tax (I-T) department will refund Rs 190 crore with interest to billionaire Anil Agarwal-controlled mining group Vedanta for
Income Tax, Press Release, Press Release
CBDT builds momentum to achieve Special Campaign 3.0 Swachhata targets
The Central Board for Direct Taxes (CBDT) is conducting the Special Campaign 3.0 on Swachhata in the offices of Income tax
Income Tax, Press Release, Press Release
More than 30 lakh Audit Reports filed on Income Tax Department’s e-filing portal till September 30, 2023
More than 30.75 lakh audit reports, including about 29.5 lakh Tax Audit Reports have been filed for AY 2023-24 on the e-filing
Income Tax, Notification and Circular, Notification And Circular
CBDT notified the income tax exemption to ‘Punjab Nurses Registration Council’ u/s 10(46) of the IT Act
The CBDT vide Notification No. 84/2023 dated September 29, 2023 has notified the income tax exemption to the ‘Punjab Nurses
Income Tax, Notification And Circular, Notification and Circular
CBDT notified the income tax exemption to ‘National Farmers Welfare Program Implementation Society’ u/s 10(46) of the IT Act
The CBDT vide Notification No. 85/2023 dated September 29, 2023 has notified the income tax exemption to the ‘National Farmers
Income Tax, ITAT, News
Income With Respect To Contribution Received From Recognized Stock Exchange Is Eligible For Section 10 (23EC) Exemption: ITAT
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the income of the assessee with respect to contributions received