All posts tagged "ITR"
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38ITRThis change in GST annual return if not checked properly can result in input tax credit mismatch
GST annual return has to be mandatorily filed for FY 2023-24 by every GST registered taxpayer with a few exceptions by on...
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177ITRTDS On Cash Withdrawals: Check Rate, Exemption Limit Under Section 194N Of Income Tax Act
TDS under Section 194N is deducted by banks (private, public, and cooperative) or post offices. Tax Deducted at Source (TDS) on cash...
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80ITRHigh-value transactions: What you need to know to stay compliant with Income Tax regulations
High-value cash transactions may attract the attention of the Income Tax Department, potentially leading to income tax notices. The department remains vigilant...
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51ITRFICCI Pushes For GST Cut On EV Batteries, Charging Services To Boost Affordability
In order to keep EVs competitive there is a need to reduce GST on batteries and charging services, FICCI said To maintain...
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79ITRIncome Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit
The Central Board of Direct Taxes (CBDT) recently issued a circular on the application for condonation of delay in filing ITR. Income...
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56ITRAttention taxpayers! Foreign income and assets must be disclosed before December 31: Report
Chairman of the Central Board of Direct Taxes Ravi Agarwal has said that taxpayers who haven’t disclosed their foreign income or assets...
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93ITRIncome Tax Rule Change: Relief for companies, trusts and others for claiming benefit of lower tax, tax audit and others with new condonation of delay rules
The Ministry of Finance through the Central Board of Direct Taxes (CBDT) has issued a circular which essentially condones delay in filing...
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44ITRAnnual income Rs 10 lakh: Which tax regime is better for you – new or old?
New Vs Old Tax Regime: Taxpayers can avail various deductions and exemptions available under the old tax regime, while there are no...
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48ITR55th GST Council Meeting Scheduled for December 21 in Jaisalmer: What to Expect?
The 55th GST Council meeting will be conducted on December 21, 2024, at Jaisalmer, Rajasthan. The GST Council, which is headed by Union...
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42ITRGovt to exceed tax collection target: CBDT
The government will exceed the Rs 22.07 lakh crore direct tax collection target set for the current fiscal, Central Board of Direct...
