Income Tax Department enables Filing of Forms 26Q, 27Q, and 27EQ for Q1 FY 2023-24
The Income Tax Department has enabled the filing of Forms 26Q, 27Q, and 27EQ for the first quarter of the […]
Important News, Income Tax
Income Tax
Important News, Income Tax
Income Tax Department Releases Updated Offline Utility for Forms 3CA-3CD and 3CB-3CD
The Income Tax Department released an updated common offline utility on September 6, 2023, for Forms 3CA-3CD and 3CB-3CD. Form
Income Tax, News
Refunds issued for 2.45 crore income tax returns
The Income Tax Department has issued refunds for over 2.45 crore returns, it said Tuesday. As of September 5, 2023,
Important News, Income Tax
Income Tax Dept. advises Taxpayers to Verify Bank Account Validation Status
The Income Tax Department has issued an important update for taxpayers, emphasizing that refunds will only be credited to validated
Income Tax, Press Release, Press Release
6.84 crore ITRs verified out of 6.98 crore ITRs filed for AY 2023-24 with over 88% of verified ITRs processed as on Sept 05, 2023
The Income Tax Department is committed to process the Income Tax Returns (ITRs) in a speedy and efficient manner. As
Income Tax, Notification And Circular, Notification and Circular
CBDT notified the income tax exemption to ‘Chhattisgarh, Uttarakhand, Madhya Pradesh, Punjab Real Estate Regulatory Authority’ u/s 10(46) of the IT Act
The CBDT vide Notification No. 76/2023 dated September 01, 2023 has notified the income tax exemption to the ‘Chhattisgarh, Uttarakhand,
Important News, Income Tax
CBDT records signing of 95 APAs in FY 2022-23, the highest ever in any financial year since the launch of the APA programme
The Advance Pricing Agreement (APA) programme of CBDT is one of its foremost initiatives for promoting an investor-friendly and non-adversarial
Income Tax, Notification And Circular, Notification and Circular
CBDT notified the income tax exemption to ‘E Governance Society, Department of Food, Civil Supplies and Consumer Affairs, Himachal Pradesh’ u/s 10(46) of the IT Act
The CBDT vide Notification No. 75/2023 dated September 01, 2023 has notified the income tax exemption to the ‘E Governance
Important News, Income Tax
Clarification from Income Tax Dept., this 80P error was sent inadvertently, email communication will be sent shortly by them
The Income Tax Department has issued a clarification regarding the inadvertent 80P error, assuring taxpayers that email communication addressing this
Important News, Income Tax
Income Tax Department released the latest FAQs for Form 27C
The Income Tax Department on August 28, 2023 released the latest Frequently Asked Questions (“FAQs”) for Form 27C. Question 1: