S. Vasudevan, Executive Partner at Lakshmikumaran & Sridharan Attorneys, says, “The CBDT has introduced new Income tax forms (ITR) for AY 2024-25....
Filing your Income Tax Return (ITR) for the financial year 2023-24 (assessment year 2024-25) promises to be a more intricate affair, challenging...
The government has announced a significant increase in the windfall gains tax on domestically-produced crude oil. According to a notification from the...
Despite being an interim budget, there were expecta tions that the government would announce certain di rect tax measures that focus towards...
The income tax department has notified new Income Tax Return (ITR) forms for the financial year 2024-25 and assessment year 2025-26. These...
Bengaluru, Feb 5 (PTI) Alleging injustice to Karnataka by the Central government with reduction in tax devolution, Chief Minister Siddaramaiah said this has...
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...
Income Tax Changes Budget 2024: In the recent Budget 2024 speech, the Finance Minister kept the Section 80C tax deduction limit unchanged....
New Delhi: Starting from April 1, 2020 (FY 2020-21), the government introduced a New Tax Regime (Section 115BAC) as an optional alternative to...