NGOs are now required to upload donor details in Form 10BD through the e-portal of the IT Department by May 31 for...
The income tax department has issued guidelines for selection of I-T returns for complete scrutiny in the current fiscal and said such...
In a notification issued on May 10, 2022, the government has come out with new rules especially pertaining to those making financial...
Here are 5 big points on elimination of personal appearance before the Dispute Resolution Committee laid out by the e-Dispute Resolution Scheme,...
With the Supreme Court upholding the reassessment notices issued before the amendment to the Income Tax Act through the Finance Act, 2021,...
Covid pandemic forced the government to extend the deadline for filing the income tax return (ITR) several times. While the last date...
The Income Tax department has notified a new form for filing updated I-T returns in which taxpayers will have to give the...
Leave encashment tax calculation: Accumulated leave can either be encashed during service or at the time of retirement or resignation. Any leave encashed...
Synopsis The income tax return (ITR) notified for FY 2021-22 does not have any major changes. However, finer/additional details have been asked...
If the amount of TDS and TCS exceeds Rs 25000 in a year then Income Tax Return (ITR) has to be filed,...