India’s digitization drive is set to grow its digital economy six-fold by 2030, with the new income tax e-filing portal enhancing convenience...
In case of inoperative PANs, tax demands are being raised as per the provisions of Section 206AA of the Income Tax Act...
The Budget 2024 proposed to include a reference of the Black Money Act, 2015 to obtain a tax clearance certificate. The Central...
Tax refunds amounting to Rs 70,902 crore have been issued during April 1, 2024 to July 11, 2024. India’s net direct tax...
The Income Tax department periodically updates tax return forms to gather additional information from taxpayers. In December 2023, ITR forms 1 and...
Taxpayers must file an ITR to claim refunds for taxes paid to the government. Additionally, they need to file an ITR if...
Central Board of Direct Taxes (CBDT) on Thursday said that has facilitated taxpayers to file their Income Tax Returns (ITRs) for the...
Five key changes have been introduced in tax return forms for FY2024-25. New Delhi: The Income Tax Department has updated several ITR forms...
The Income Tax Department makes changes in the ITR forms almost every year based on amendments made to the Income Tax Act....
Aadhaar-PAN link: The Income Tax Department has recently issued a detailed guide outlining step-by-step instructions on how individuals can link their Aadhaar...