Income Tax News

CBDT has finally prescribed rules for calculation of calculation of taxable amount of interest in case of contribution to provident...

As of now the only solution available for same as per our expirience is to e-verify the Income tax return...

Form No. 10A required to be filed on or before 30th June, 2021, as extended to 31st August, 2021 vide Circular No.12 of 2021...

it has been decided to extend the last date of payment of the amount (without any additional amount) to 30th September,...

Now, when a question was asked to a representative from Income tax department that by which circular/ notification are people...

The Finance Minister demanded that the issues faced by taxpayers on current functionalities of the portal should be resolved by...

The Income Tax Department is hosting a webinar specifically to discuss ITR 3 on 23 Aug 2021 between 4.00 and...

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

"Ministry of Finance has summoned Sh Salil Parekh,MD&CEO @Infosys on 23/08/2021 to explain to hon'ble FM as to why even...

Today, on 21.08.2021 the income tax e-filing website i.e. https://eportal.incometax.gov.in is being shown as under maintenance for 1 day (as...

First of all ITR 2 is the biggest and exhaustive return as far as Individual and HUF is concerned where...

The heading of ITR 3 read as under: “For individuals and HUFs having income from profits and gains of business...

Looking at the law it could be said that in the current scenario the proceedings would be dropped which have...

As mentioned above, rules were required to be prescribed to provide relief to assessee covered under advance ruling and secondary...

Krsnaa Diagnostics IPO Subscription Status (Bidding Detail) The Krsnaa Diagnostics IPO is subscribed 64.38x times on Aug 6, 2021. The...