Parliamentary panel report reveals high vacancy rates in CBDT and CBIC, hindering tax collection and efficiency.
ITAT Surat held that rejection of application for regular approval of fund under section 80G (5) of the Income Tax Act as time barred not justified in terms of relaxation of time period as per CBDT ...
The due date for filing returns under Section 139(1) of the Income-tax Act, 1961, for taxpayers required to submit a report ...
This extension is applicable to taxpayers who have global transactions and are needed to provide reports under Section 92E ...
ITAT Jaipur held that time limit of filling the application for recognition u/s. 80G of the Act has been extended by the Board. Accordingly, benefit extension provided and matter restored to file of ...
Gold Storage Rules in India Gold is more than just a precious metal in India—it’s a tradition, an investment, and a sign of ...
The new deadline for filing ITR for these taxpayers has been pushed back by 15 days, from November 30, 2024, to December 15, ...
Tax authorities have extended the income tax return filing deadline by another 15 days to December 15 for the financial year ...
To speed up the comprehensive review of the decades-old Income-tax Act, the Central Board of Direct Taxes has instructed ...
One of the key challenges highlighted was regarding tax deduction at source (TDS). The chamber raised concerns about how the ...
The Central Board of Direct Taxes (CBDT) has decided to offer a discretionary waiver of interest on unpaid income tax dues arising from a demand notice — but set monetary limits on the relief to ...
The initiative is particularly focused on those with high-value foreign assets who may have missed completing Schedule FA in their returns The Central Board of Direct Taxes (CBDT) has introduced a ...