Income Tax News

The above judgement has been passed in case of Ashok Kumar Agarwal vs. Union of India through its Revenue Secretary...

Now, let's discuss what are the other places where it will be mandatory for the assessee to mention his/ her...

Income tax Department has vide Notification No. 119/2021 Dt. 11th October 2021 has released a list whereby Income tax department...

Let’s first see who is eligible to use ITR 7 Form? This Return Form can be used by persons including...

The Pandora Papers investigation lays bare the global entanglement of political power and secretive offshore finance. Based upon the most...

This Form can be used by a person being a firm, Limited Liability Partnership (LLP), Association of Persons (AOP), Body...

Question No. 1 - Do you think that Micro, Small and Medium Companies (MSMCs) depending upon some criteria and threshold...

However, now looking at the new procedure laid down by the Income tax department as mentioned below along with the...

In the above mentioned case court held that lockdown had also affected the working of Income tax department and the...

In a brief Form 15CA and 15CB are used when any person is making a remittance to a non-resident. Reading...

Thus, Income tax department has further extended the time limit to process income tax return and issue refund from 30.09.2021...

Now, let’s talk about the taxability of gain earned if the shares are sold on the listing date itself to...

In the above mentioned message it is being said that a person has to mention PAN of both vendor and...

CBDT has extended the applicability of Safe Harbour Rules to AY 2021-22. Rates remains unchanged. Retrospective effect from 01 April...

During the month of September, on average, more than 15 lakh unique taxpayers have logged into the portal, daily, and...