New Income tax Act

New Income tax Act, New Income Tax Act

Income Tax Bill creates ambiguities in eligibility for claiming refunds

By / February 15, 2025 / New Income tax Act, New Income Tax Act

The new Income Tax Bill, 2025 contains some provisions which have created ambiguity regarding the eligibility for claiming tax refunds. […]

New Income tax Act, New Income Tax Act

Formation of Select Committee to Examine New Income Tax Bill, 2025; Baijayant Panda MP, Lok Sabha appointed as the Chairperson of Committee

By / February 14, 2025 / New Income tax Act, New Income Tax Act

The Lok Sabha’s Bulletin-Part II dated February 14, 2025, announces the formation of a Select Committee to scrutinize the Income-Tax

New Income tax Act, New Income Tax Act

New Income-Tax Act to make life simple for taxpayers: CBDT chairman Ravi Agrawal

By / February 4, 2025 / New Income tax Act, New Income Tax Act

The tax department has renewed its focus on simplification and is banking on trust. In an interview to TOI, chairman