In the light of several representations received(supra) and to address the hardship being faced by various stakeholders, the Central Government...

In our earlier post we had mentioned that CBDT has introduced new transactions under SFT (Specified Financial Transaction) i.e. reporting...

In our earlier post we had discussed that many people are receiving compliance notice for FY 2019-20 after they have...

We had discussed earlier that Form 10A has been released for re-registration of Charitable Trust u/s 12AB who were already...

It might happen that a person has not filed his return because he was not aware whether he is liable...

Hence, Hon'ble Supreme Court ruled that any such software sale are just sale of goods as per Income tax act...

TCS on sale of goods was introduced under section 206C(1H) in Budget 2020, wherein a person had to collect 0.1%...

Section 148 deals with Issue of notice where income has escaped assessment. If an assessing officer wishes to make assessment u/s...

Till date higher TDS was being deducted under Income tax Act u/s 206AA only where assessee was not having valid...

CBDT has vide notification Dt. 01.04.2021 made various changes to Tax audit rules especially for incorporating the changes of Finance...

In our earlier post we had discussed that now ITR 1 and 4 utility is available on e filing website...

Income tax assessment is post-mortem and checking of your Income tax return and income by Income tax department as Income...

PAN number is a very important document and this is a person's identity before the income tax department, but what...

Do you use Credit card or let other's use your credit card for just some rewards or points? Then this...

As we know CBTD has started using Compliance portal extensively for sending alerts to assessee regarding some high value transaction...