Question: The Income Tax Department has recently notified the new Income Tax Return forms applicable for Financial Year 2023-24 (Assessment Year 2024-25). Accordingly, kindly highlight the...
The government has budgeted to collect Rs 18.23 lakh crore from direct taxes (personal income tax and corporate tax), 9.75 per cent...
Income Tax Returns (ITR): The Income Tax department gives taxpayers multiple chances to fill their Income Tax Returns. December 31 was the...
The thought of getting a Section 143 (1) income tax notice for wrong information provided in the income tax return (ITR) may...
The Income Tax (IT) department has issued advisories to Non-Resident Indians (NRIs) for non-filing of Income Tax Returns (ITR) and asking them...
The Income Tax Department has streamlined the filing of Income Tax Returns (ITR) by issuing specific forms tailored to various taxpayer categories,...
Budget 2024: It is likely that the budget would prioritise fiscal discipline and avoid populist measures. A senior official from the finance...
The total number of persons filing Income tax increased to 74 million in the assessment year 2022-23 (AY23) from 70 million in...
Some people think that instead of doing a large amount online transaction, if they deposit the same amount of cash in an...
New Delhi, Jan 7 (PTI) The government on Sunday said GST officers have detected 29,273 bogus firms involved in fake Input Tax Credit...