These new rules include adjustments to the reporting of high-value transactions, the validation of bank accounts, and an important update allowing the...
The Central Board of Direct Taxes (CBDT) on August 30 rolled out its e-Dispute Resolution Scheme, by detailing the process to be...
India’s tax system features a series of deadlines throughout the fiscal year (April 1 to March 31) for various tax-related activities. Adhering...
With the announcement of the full Union Budget 2024-25, taxpayers in India are once again faced with the decision of choosing between...
The taxman is stepping up surveillance on hospital, hotel, and high-end shopping bills as the Central Board of Direct Taxes (CBDT) intensifies...
The CBDT’s investigation focuses on potential discrepancies between the information provided by taxpayers and the records of foreign remittances. Read More: Fake...
ITR refund scam: Under no circumstance should individuals respond to emails or visit websites that solicit credit card details, bank account information,...
Taxpayers can get option to chose between two tax options to take indexation benefits & reduce its tax liability. The central government...
The deadline to file ITRs for AY 2024-25 was 31 July 2024. New Delhi: The total number of ITRs for AY 2024-25 filed...
Income Tax Return: Missing July 31 deadline means you would not be able to file your return later under the old tax...