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,...
The Income Tax Department has given approval to the tax authorities to either waive or reduce the interest payable by the taxpayer...
In its notification, the Finance Ministry has said that subsection 2B of section 192 of the IT Act 1961 has been amended...
In a message on social media platform X, CBDT said the due date for assessees of Section 139 has been extended from...
In a significant development for taxpayers, the Central Board of Direct Taxes (CBDT) has announced an extension for the due date of...
The Central Board of Direct Taxes (CBDT) on Saturday extended the deadline for corporates to file income tax returns for the Assessment...
The IT department issued revised guidelines for compounding offences under the IT law by simplifying process and lowering charges. The income tax department on...
The Central Board of Direct Taxes (CBDT) has notified amendments in income tax rules for ease in claiming credit for TCS collected/TDS...
Union Budget 2024: The Central Board of Direct Taxes (CBDT) has introduced a new form known as Form 12BAA, specifically created for the...
The gross collection of direct tax grew 22.30 per cent to Rs 13.57 lakh crore year on year, as of 10 October,...