On November 18, 2024, the Central Board of Direct Taxes (CBDT) issued Circular No. 17/2024. This circular addresses the condonation of delays in filing Form 10-IC or Form 10-ID for…
Attention, GST Taxpayers! Mandatory Bank Account Details Required from September 1
By: Admin | August 27, 2024 | Categories: GST Recent News | 4 Min Read Starting September 1, 2024, GST taxpayers must furnish valid bank account details to file their…
Taxpayers Alert: ITR Processing Time Slashed to 10 Days from 93 Days
By: AdminDate: August 14, 2024Category: Income Tax News | NewsRead Time: 4 Minutes Finance Minister Nirmala Sitharaman announced a significant reduction in the average processing time for income tax returns…
GSTR-1A Now Live and Functional on GST Portal
By: AdminDate: August 12, 2024Category: GST Law | GST Portal Updates | Important NewsRead Time: 4 Min The Goods and Services Tax Network (GSTN) has enabled GSTR-1A, a form allowing…
FAQs on PFA and Tax Audits AY 2024-25: Key IT Department Issues Explained
By: Admin| August 10, 2024 |Categories: Important News|Income Tax News As the tax filing season for Assessment Year (AY) 2024-25 approaches, the Income Tax Department has released frequently asked questions…