Income Tax: The Income Tax Department in a circular has said that the taxpayers who are still waiting for their tax refunds of...
The interim Budget has pegged the FY24 direct tax collections to come in at Rs 19.45 trillion, which is 17.2% higher than...
The Central Board of Direct Taxes (CBDT) said in some ITRs filed for A.Y. 2021-22 (F.Y. 2020-21), a ‘mismatch’ has been identified,...
The Income Tax department has prescribed a ceiling of Rs 1 lakh per assessee for withdrawal of small tax demands till Assessment...
New Delhi: An income tax return is a document required by law to report your income, profits, losses, deductions, and details about any...
Direct tax collection, net of refunds, till February 10 of FY24 stands at Rs 15.60 lakh crore, which is 20.25 per cent...
S. Vasudevan, Executive Partner at Lakshmikumaran & Sridharan Attorneys, says, “The CBDT has introduced new Income tax forms (ITR) for AY 2024-25....
Central Board of Direct Taxes (CBDT) chairman Nitin Gupta said that the department will be sending notices to only those taxpayers for...
Earlier, ITR-1 and ITR-4 for the A.Y. 2024-25 were notified dated 22.12.2023. All ITR Forms 1 to 6 have since been notified...
New Delhi: The PAN card acts as one of the most crucial documents for the citizens of India. Permanent Account Number is a...