A Permanent Account Number (PAN) card, issued by the Income Tax Department, is a crucial document for various financial activities. This 10-digit...
The clarification is crucial for taxpayers looking to understand how their capital gains will be calculated under the updated rules. The Income...
The Income Tax e-Filing Portal provides taxpayers with a convenient way to track the status of their refunds. Here is a comprehensive...
The income tax department has stated that there has already been significant growth in tax collections in the first quarter of FY25....
The deadline for filing Income Tax Returns for the financial year 2023-24 (assessment year 2024-25) is July 31, 2024. Delayed payment of...
The Income Tax Department of India issues a distinctive ten-digit alphanumeric code called Permanent Account Number or PAN which serves as a...
March 31 marks the end of the financial year and falls on a Sunday this year owing to which this decision was...
The misconception that cashless transactions are less traceable by the Income Tax Department has arisen due to the increasing prevalence of such transactions. Nevertheless,...
The Central Board of Direct Taxes (CBDT) has explicitly stated that donations to the Shri Ram Janmabhoomi Teerth Kshetra are eligible for...
Reliance Industries was fined Rs 4.88 lakh by the Deputy Commissioner of State Tax, Jamnagar under the section 73 of the Goods...