If you’re one of the taxpayers eagerly waiting for your income tax refund but haven’t received it yet, there could be a specific reason...
While you may have filed your income tax return (ITR) and verified it also, it may not be sufficient to ensure that you get...
Starting October 1, 2024, significant changes will be implemented in the taxation of share buybacks, shifting the tax burden from companies to shareholders....
The e-Dispute Resolution Scheme (e-DRS) enables the taxpayer to file an application electronically for dispute resolution to the Dispute Resolution Committees (DRC)...
ITR e-Verification Penalty: It is important to remember that without e-verification, your ITR is not considered valid by the Income Tax Department. ITR...
The Central Board of Direct Taxes (CBDT) on August 30 rolled out its e-Dispute Resolution Scheme, by detailing the process to be...
Union Minister Nitin Gadkari said state finance ministers should consider reducing GST on flexfuel vehicles to 12 per cent. Union Minister Nitin...
India’s tax system features a series of deadlines throughout the fiscal year (April 1 to March 31) for various tax-related activities. Adhering...
Gross GST collection in August 2024 recorded a 10 per cent jump to Rs 1,74,962 crore. Gross GST collection in August 2024...
Under this scheme, taxpayers meeting specific criteria outlined in section 245MA of the Act can electronically submit an application to the designated...