The Finance Ministry has not issued any directive to CBDT in this regard. Further, unlike as reported, the CBDT has...

Thus, from the above order inference could be drawn that once a revised return is filed a new return comes...

This Court took the view that the benefit of exemption should not be denied merely on account of delay in...

Now looking at the current situation of pandemic CBDT has vide notification Dt. 07.05.2021 decided to provided a relaxation to...

(i) Direct Taxes Committee of ICAI enters into an arrangement with Taxmann Allied Services Private Limited w.r.t Virtual Books- Income-tax...

Although, a reply qua SCN was prepared by the petitioner it could not be filed as the assessment order was...

Hence, based on the above information it looks like all the details related to income from capital gain will be...

If we look at the threshold mentioned above it is very small and hence this will cover many online businesses...

Why should you file your Income tax return? Once we have discussed the who let's now discuss the why. Below...

Earlier, CBDT has provided a relaxation for validation of audit report and certificate on e filing website till 30.04.2021.Now, CBDT...

CBDT extends various due dates under Income tax act till 31.05.2021. The above relaxation comes after increasing cases of Covid-19...

Explanation 5 has been inserted as a clarification that any excess application made by a trust will not be considered...

Nowadays with increase in craze of digital influencers more and more people or influencers are trying to catch more and...

Since AO is still reopening cases based on reason to believe, as an assessee you also should ask for reason...

However, as per 7th proviso to section 139, if a person who is otherwise not liable to file Income tax...