Income Tax Department released Excel based utility for ITR-3
The Income Tax Department has started Income Tax Return (“ITR”) filing for the Financial Year 2022-23 (Assessment Year 2023-24). ITR-3 […]
Important News, Income Tax
Income Tax
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ITR refund status: Know how to check your income tax refund status
Taxpayers are eligible to receive refunds if the tax paid by them exceeds the liability. The Income Tax Department processes the
Important News, Income Tax
Income Tax Dept. issued User Guide for Submitting Response to Notices and Letters Received under e-Verification Scheme, 2021
The Directorate of Income Tax (Systems) has issued a User Guide for Submitting Response to Notices and Letters Received under
Income Tax, Press Release, Press Release
Govt clarifies No TCS for individuals making credit/debit card payments internationally upto Rs 7 lakh
Concerns have been raised about the applicability of Tax Collection at Source (TCS) to small transactions under the Liberalized Remittance
Income Tax, Press Release, Press Release
CBDT proposes changes to Rule 11UA in respect of ANGEL TAX- Also proposes to notify Excluded Entities
In the Finance Act, 2023, an amendment has been introduced to bring the consideration received from non-residents for issue of
Important News, Income Tax
Income Tax Dept. issued FAQs for Submitting Response to Notices and Letters Received under e-Verification Scheme, 2021
The Directorate of Income Tax (Systems) has issued Frequently Asked Questions (“FAQs”) for Submitting Response to Notices and Letters Received
Income Tax, Press Release, Press Release
Income Tax Department conducts searches in West Bengal and Assam
Income Tax Department conducted search and seizure operations on a business group operating largely in North Bengal region of the
Important News, Income Tax
Income Tax Dept. issued update on Aaykar Sampark Kendra
The Income Tax Department has issued an Update on Aaykar Sampark Kendra and its Helpline numbers 1800 180 1961 and
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Income Tax Evasion In India: What You Need To Know To Avoid Penalties
Under the Income Tax Act, penalties are levied for various defaults committed by a taxpayer. Apart from penalty on defaults
Income Tax, Press Release, Press Release
Government launches Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period, as announced in the Union Budget 2023-24; Last date for submitting claims under the scheme is 30.06.2023
The Department of Expenditure, Ministry of Finance, has launched the scheme, “Vivad se Vishwas I – Relief to MSMEs” for providing