Section 6 deals with deciding on the residency of a person under Income tax act. In this article we shall ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of May 2024.

Thus, a person could earn around 770000 under new tax regime and could end up paying only Rs.20800 in tax ...

Last date for submission of the additional information is 7th MAY, 2024.

The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents ...

(ii) Form No. 10AB, in case of an application under clause (iii) of the first proviso to clause (23C) of ...

Thus, considering the above grievance, CBDT has modified the above circular to provide relaxation and state that in case where ...

Thus, revenue cannot go into appeal before above mentioned authority if the tax effect in any appeal as mentioned above ...

It is thus advisable to file Income tax return after all SFT details are available on e-filing portal that if ...

Additionally, the court noted that the details regarding the source of funds should have been sought from the petitioner's husband ...

Once, notice is received u/s 148 of the Act, assessee needs to file Income tax return in response to such ...

GSTN has accordingly recommended to CBIC that the due date for filing of GSTR-1 for the monthly taxpayers be extended ...

While it would be open for the AO, for reasons so recorded, to doubt or reject a valuation that may ...

Data analysis was carried out in some high-value cases of mismatch between the rent paid by the employee and receipt ...

Thus, based on above notification it can be said that if return is verified within 30 days of filing date ...