Belated ITR Due Date: The directive came in response to a PIL citing issues arising from procedural changes in the ITR utility....
The GST Council inter-alia made several recommendations relating to changes in GST tax rates. 55th GST Council Meeting Recommendations: The GST Council has...
Filing an income tax return is easier for individuals who have only one source of income, particularly if it is from salary....
Income Tax Rule on FD: There are many investment options in today’s time, but still people have a lot of faith in Fixed...
Depositing large sums of cash in your savings account can attract scrutiny from the Income Tax Department. Understanding the rules and limits...
Filing income tax is one of the crucial tasks for taxpayers in India. On December 31, 2024, the opportunity to file belated...
Taxpayers who fail to file their ITR within the prescribed due date can utilize the provisions of Section 139(4) of the Income...
On a gross basis, India’s direct tax collections in the current financial year till December 17, 2024, stood at Rs 19,21,508 crore,...
The Vivad Se Vishwas Scheme, 2024 was announced in the 2024-25 Budget on July 23, 2024, and notified on October 1, 2024....
Mismatch In ITR Filed: The CBDT said that the purpose of this campaign is to remind and guide individuals who may not have...