As per a recent update issued by the Income Tax Department stating that according to the RBI Notification, in the
The Supreme Court on Wednesday stayed an order prescribing an assessment without DIN (Document Identification Number) as invalid. Earlier, Delhi
The Income Tax Department has released the updated Excel-based utility for Income Tax Returns (ITR) ranging from ITR-1 to ITR-7
It is important to remember income tax related deadlines in a year to avoid paying penalties, penal interest, to file
The Income-tax Department has recorded a surge in filing of Income-tax Returns (ITRs), resulting in a new record of 8.18 crore ITRs for
The Income-tax Department has recorded a surge in filing of Income-tax Returns (ITRs), resulting in a new record of 8.18 crore ITRs for
Income Tax Department has enabled the e-filing of ITR-U on the Income Tax Portal for Assessment Year 2023-2024 (Financial Year
Personal income and corporate tax collections are likely to rise to more than ₹19 lakh crore in 10 years of Prime Minister Narendra
Section 194-O of the Income-tax Act, 1961 (‘the Act’) provides that an e-commerce operator shall deduct income tax at the
In the year 2023, the Central Board of Direct Taxes (CBDT), Department of Revenue, and Ministry of Finance has taken
