There is good news for salaried individuals. The Central Board of Direct Taxes (CBDT) has provided a huge relief to them if...
Input tax credit can be availed on taxes paid for procurement of white goods or gold coins for the purpose of incentive...
Income Tax: From September 1, the CBDT has notified the latest norms for employees having rent-free accommodation provided by their employers; they...
New Delhi: July 31 was the deadline to file an Income Tax Return for employed taxpayers and almost everyone has filed it within...
If someone fails to complete the verification step after ITR filing, the date of e-verification will be considered as the date of...
In the coming months, the Income Tax Department might be re-opening some cases under the Income-tax (I-T) Act. Guided by a Supreme...
August 30 is the last date to verify ITR. Verification of ITR is a crucial step in the filing process and failure...
Tax Calendar September 2023: From TDS deposit to TDS/ TCS certificates and challans to advance tax to audit report; here’s the complete...
As per the Income Tax Act 1961, pension is also considered as a source of income and thus becomes taxable as per...
New Delhi: The Income Tax Department launched a new website on August 26, 2023. The website is available at incometaxindia.gov.in and has a...