Further, Finance Act, 2023 has made amendment in Income tax act to increase the rate of TCS from 5% to...

If you wish to get your Income tax return filed by our experts at Taxontips you can book your slot...

Disposal of applications for condonation of delay and grant of exemptions under certain sections of the Income Tax Act, 1961

If you wish to get your Income tax return filed by our experts at Taxontips you can book your slot...

Hence, it can be concluded that person carrying on speculative business such as intra day trading are also eligible for...

For the reasons give above, we hold that where dividend is declared, distributed or paid by a domestic company to...

Section 194-IA deals with the deduction of tax in case of purchase of property where the amount of consideration exceeds...

Bogus expenditure booked in this way by these beneficiary business entities, could be to the tune of about Rs 1,000 crore.

Cost inflation index has been announced for F.Y. 2023-24 at 348 and for previous FY 2022-23 it was 331.

However, this tax rate has now been increased to 20%+surcharge+cess which is double than what it was before. This amendment...

employer, shall seek information from each of its employees having income under section 192 of the Act regarding their intended...

In case of a non-government entity deducting any TDS, due date for depositing such TDS with government for the month...

The Minister stated that Crypto assets are currently unregulated in the country, however, transactions in cryptocurrencies are subjected to provisions...

In view of the continued practical challenges and to mitigate the genuine hardship being faced by such category of taxpayers,...

In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended...