All posts tagged "CBDT"
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10ITRIncome Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit
The Central Board of Direct Taxes (CBDT) recently issued a circular on the application for condonation of delay in filing ITR. Income...
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18ITRIncome Tax Rule Change: Relief for companies, trusts and others for claiming benefit of lower tax, tax audit and others with new condonation of delay rules
The Ministry of Finance through the Central Board of Direct Taxes (CBDT) has issued a circular which essentially condones delay in filing...
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18ITRGovt to exceed tax collection target: CBDT
The government will exceed the Rs 22.07 lakh crore direct tax collection target set for the current fiscal, Central Board of Direct...
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21ITRDisclose Foreign Assets, Income Or Face Rs 10 Lakh Fine, Tax Department Issues Caution
The Income Tax Department cautioned taxpayers that failure to disclose assets held abroad or income can attract a penalty The Income-Tax Department...
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33ITRITR For AY 2024-25: Income Tax Department Targets Undisclosed Foreign Assets With New Campaign
ITR For AY 2024-25: Income Tax Department Targets Undisclosed Foreign Assets With New Campaign The Income Tax Department announced on Saturday that...
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38ITRFinal day for filing income tax returns for audits: Penalties for missing the deadline
Income Tax Returns: Today marks the final deadline for filing Income Tax Returns (ITRs) for taxpayers whose accounts were required to undergo an...
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50MUST KNOWIs PAN Card Mandatory For Cash Deposits In Your Bank Account? Know Rules Here
Wondering if you need a PAN card for cash deposits in your bank account? Navigating the banking regulations can be tricky, but...
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30ITRITR Filing: Submitted tax audit on time but failed to file tax return? Here’s what to do now
Question: As an individual engaged in the cloth manufacturing business with a turnover exceeding the specified limit for getting the accounts audited,...
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28MUST KNOWAadhaar PAN linking deadline: Will PAN become inoperative if you don’t link it with Aadhaar by December 31, 2024?
There have been numerous reports circulating online regarding the deadline for linking PAN with Aadhaar, which is set for December 31, 2024....
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27ITRIndia’s Net Direct Tax Collections Surge 15.4% To Rs 12.1 Lakh Crore In April-November
Net corporate tax collections of Rs 5.10 lakh crore and non-corporate taxes, such as Rs 6.62 lakh crore paid by individuals, HUFs,...
