Tag: Income tax updates

Form-1 shall be furnished electronically under digital signature, if the return of income is required to be furnished under digital ...

The committee invites public inputs and suggestions in four categories: Simplification of Language, Litigation Reduction, Compliance Reduction, and Redundant/Obsolete Provisions

From FY 2023-24, Income tax department has made new tax regime as the default tax regime for Individual, HUF and ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of October 2024.

Finance Act, 2024 has made various changes under the Income tax act especially in TDS provision which shall be applicable ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of September 2024.

Below is a table where, Income tax department has released a list of FAQ discussing various situations where an Income ...

In view thereof, it is reiterated that the ITCC under Section 230(1A) of the Act, is needed by residents domiciled ...

Below is a table where, Income tax department has released a list of FAQ discussing various situations where an Income ...

Although in the circular they have mentioned that higher TDS shall not be charged, however no resolution has been provided ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of August 2024.

wherein as per the proposed amendment the long term immovable property owner will have the option to determine tax at ...

Below are the FAQ's issued by Income tax department in relation to the change in Capital gain provisions under the ...

However, while processing the return the Income tax department is showing such return as defective return under section 139(9) of ...

Tax rates on capital gain increased: STCG rates on certain assets will be made 20%. LTCG rates on certain assets ...