All posts tagged "income tax rules"
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43ITRIncome tax rules: How much cash can you receive in one day to avoid an I-T notice?
The income tax department carefully monitors high-value cash transactions, so taxpayers should exercise caution when engaging in them. Section 269ST of the...
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98ITRCash deposit limits: Income Tax rules, Penalties and Savings account guidelines
There are limits on depositing money into savings accounts. The Income Tax Department has issued some important rules. Penalties will be imposed...
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50ITRIncome tax rules UPDATED! CBDT’s new regulations bring cheer to taxpayers
The Central Board of Direct Taxes (CBDT) has implemented changes to income tax rules, providing greater convenience for taxpayers. This has brought...
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148ITRCBDT’s Dispute Resolution Scheme: Know how you can approach e-DRC to resolve your tax disputes
Under this scheme, taxpayers meeting specific criteria outlined in section 245MA of the Act can electronically submit an application to the designated...
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597ITRIT Returns 2024: New Income Tax rules introduced in 2023 that would affect you in 2024
New Tax rules 2023: The Government of India announced several new rules for the Income Tax in the Union Budget 2023. One of...
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480BUSINESS10 Income Tax Rules That Are Changing From April 1, 2023
The new income tax regime will take over as the primary tax regime on April 1, 2023. Tax assessors will still have...
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385BUSINESSAre your Diwali gifts taxable? Know what income tax rules say
Exchanging gifts between friends, office colleagues, business clients and family members is an important part of Diwali celebrations in India. Companies also...
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614MUST KNOWCredit Card, Income Tax Rules, TDS on Crypto: 5 Finance Rule Changes From July 1
July 1 marks the beginning of the second quarter of the financial year as well, which means that there will be a...
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532FINANCEKnow income tax rules on leave encashment during service or switching job
Some employers allow their employees to avail partial encashment of accumulated leave during continuance of their service Generally, all employees are eligible...
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450ITRDo I have to disclose assets in ITR? What are the income tax rules?
ITR: The personal balance sheet will have details of your personal assets and liabilities including your capital in the business entity I...
