Last month, the Income Tax Appellate Tribunal (ITAT), Income Tax Department, issued intimation for a refund of Rs 25,464.46 crore. The refund...
Direct tax collection, net of refunds, till February 10 of FY24 stands at Rs 15.60 lakh crore, which is 20.25 per cent...
New Delhi: The Income Tax Department’s mobile app called AIS for taxpayers, making it easier for taxpayers to access their tax-related information. To...
S. Vasudevan, Executive Partner at Lakshmikumaran & Sridharan Attorneys, says, “The CBDT has introduced new Income tax forms (ITR) for AY 2024-25....
Filing your Income Tax Return (ITR) for the financial year 2023-24 (assessment year 2024-25) promises to be a more intricate affair, challenging...
The government has announced a significant increase in the windfall gains tax on domestically-produced crude oil. According to a notification from the...
Despite being an interim budget, there were expecta tions that the government would announce certain di rect tax measures that focus towards...
The income tax department has notified new Income Tax Return (ITR) forms for the financial year 2024-25 and assessment year 2025-26. These...
Bengaluru, Feb 5 (PTI) Alleging injustice to Karnataka by the Central government with reduction in tax devolution, Chief Minister Siddaramaiah said this has...
Central Board of Direct Taxes (CBDT) chairman Nitin Gupta said that the department will be sending notices to only those taxpayers for...