The income tax (I-T) department has told banks, foreign exchange dealers, and other reporting entities that they have a ‘couple of days...
The Income Tax department has notified the e-appeals scheme, which will ensure electronic filing and processing of appeals. Under the ‘e-Appeals Scheme,...
The income tax (I-T) department is closely monitoring advance tax payments of companies by scrutinising their annual and quarterly balance sheets as...
The Central Board of Direct Taxes (CBDT) has issued fresh guidelines and procedure to be followed for selecting income tax returns (ITRs)...
ITR 1 and 4 for A.Y. 2023-24 are enabled for filing in online mode at e-filing portal The Income Tax department has...
AIS for Taxpayer app download: The app enables taxpayers to view information related to TDS/TCS, interest, dividends, share transactions etc. AIS for...
A non-resident taxpayer needs to provide a tax residency certificate (TRC) to avail DTAA benefits Providing partial relief to non-resident taxpayers, the...
Specific upper limits have been introduced for the compounding fee covering defaults across several provisions of the Income Tax Act In order...
As taxpayers face issues in accessing the e-filing portal, the Income Tax department on Saturday said software provider Infosys is taking “proactive...
Maharashtra political crisis: On receiving the income tax department’s notice the day after the change of power, Pawar wrote on Twitter in...