The income-tax review committee, tasked with overhauling the country’s decades-old laws, will not suggest changes to tax ...
Parliamentary panel report reveals high vacancy rates in CBDT and CBIC, hindering tax collection and efficiency.
The due date for filing returns under Section 139(1) of the Income-tax Act, 1961, for taxpayers required to submit a report ...
Revenue secretary Sanjay Malhotra's transfer to Mumbai has left a key position vacant weeks before the Union Budget. This isn ...
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 ...
This extension is applicable to taxpayers who have global transactions and are needed to provide reports under Section 92E ...
The new deadline for filing ITR for these taxpayers has been pushed back by 15 days, from November 30, 2024, to December 15, ...
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 ...
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 ...
To speed up the comprehensive review of the decades-old Income-tax Act, the Central Board of Direct Taxes has instructed ...
Tax authorities have extended the income tax return filing deadline by another 15 days to December 15 for the financial year ...
One of the key challenges highlighted was regarding tax deduction at source (TDS). The chamber raised concerns about how the ...