The Central Board of Direct Taxes (CBDT), on June 14 released the data of Cost Inflation Index (CII). The data shows that the CII...
Net direct tax collections during the current fiscal till June 16 jumped 45 per cent year-on-year to Rs 3,39,225 crore Net direct...
Finance Act 2022 inserted a new section 194R in the Income-tax Act, 1961, which was notified during the Budget this year and...
The Income Tax Department has notified the cost inflation index for the current fiscal to calculate long-term capital gains arising from the...
According to Section 208 of Income Tax Act, a taxpayer needs to pay advance tax if his or her tax liability is...
If you’re a salaried individual and think the “Advance Tax” provision is not applicable to you, you’re wrong. Advance tax liability may...
The CBDT has brought out products to introduce concepts related to taxation, often perceived to be complicated, to high school students through...
The number of income tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes Chairman Sangeeta Singh...
1/7 Select right form Selecting the appropriate tax return form is the first step in completing an income-tax return (ITR). The applicable...
From the time, the new e-filing portal of the Income Tax Department has been developed, it has been in news for the...