We have learnt from a reliable source that the Ministry of Finance has increased the limit of tax refund claim amount in...
Revised tax rates and TDS changes are now in effect. Here’s what taxpayers need to know about the updates. Several key tax...
Income Tax Audit Report Deadline: The new deadline specifically applies to assessees covered under section 139 of the Income Tax Act, 1961. Income...
The deadline extension for audit report till October 7 is applicable to all taxpayers, including individuals and companies, whose income tax deadline...
Being aware of key deadlines enables taxpayers to plan effectively and take full advantage of deductions, exemptions, and other tax benefits. Income...
The Group of Ministers (GoM) on GST rate rationalisation has reviewed the possibility of revising tax rates on over 100 items, aiming...
Income Tax Rules: There will be some key changes in the income tax rules starting October 1. These changes will be related...
Income Tax Audit Report Deadline: A tax Audit is an examination or review of accounts of any business or profession carried out by...
A tax return is considered defective if it is submitted without all the requisite information or documentation mandated by law. Section 139(9)...
You can file a revised return under Section 139(5) any time before 31 December 2024 to correct this error. If you miss...