By: AdminMay 11, 2024Categories: Income Tax|Income Tax News4 Min Read As the tax filing season for the assessment year 24-25 gains momentum, official data reveals that a notable number of…
Section 43B of Income Tax Act: Expenses businesses can cover apart from payment to MSMEs
By: AdminMay 11, 2024Categories: Income Tax|Income Tax News4 Min Read A section of MSMEs and traders in India is expecting the revision or revocation of the new clause h brought…
Karnataka HC refuses to quash tax evasion case against bookies operating at Bangalore Turf Club
By: AdminMay 11, 2024Categories: Income Tax|Income Tax News4 Min Read The Karnataka High Court recently refused to quash a case involving alleged tax evasion by bookies operating at the Bangalore…
E-filing ITR: Income Tax portal introduces new tab to track tax notices, letters
By: AdminMay 11, 2024Categories: Income Tax News|News4 Min Read The Income tax e-filing portal has got a new tab on its 'e-Proceedings' section that can help taxpayers track pending tax…
Income Tax Department Releases Updated Excel Utility and Schema of ITR-3 for AY 2024-25
By: AdminMay 11, 2024Categories: Important News|Income Tax News4 Min Read The Income Tax Department released updated Excel Utility and Schema of ITR-3 for AY 2024-25. For individuals and HUFs having…
ICEGATE CBIC Streamlines Registration with Five-Step Process
By: AdminMay 11, 2024Categories: GST Law|Important News4 Min Read The ICEGATE CBIC issued an update on Registration process encompasses five key sections: Role Selection, GSTIN Details Verification, User Details Verification,…
Income Tax Department Releases Updated Offline and Online Utility of ITR-3 for AY 2024-25
By: AdminMay 11, 2024Categories: Important News|Income Tax News4 Min Read The Income Tax Department released the updated Offline and Online Utility of ITR-3 for AY 2024-25. Utility (version 1.1.1) (105…
E-commerce Forum Raises Alarm Over ‘Cumbersome’ GST Norms Impeding Business In Tamil Nadu
By: AdminMay 11, 2024Categories: GST Recent News4 Min Read The Forum for Internet Retailers, Sellers & Traders (FIRST) India, a division of the India Small and Medium Enterprises (SME) Forum,…
During MCC, Traders Deposit ₹35.06 Cr As Tax Evasion Penalty
By: AdminMay 11, 2024Categories: GST Recent News4 Min Read In order to conduct the election in a clean and smooth manner, following strict action of State Goods and Service Tax…
India’s FY24 fiscal deficit seen slightly better than projected: Source
By: AdminMay 11, 2024Categories: India's economy|News4 Min Read India's fiscal deficit for the year ending March 2024 is expected to be slightly better than the government's projection of 17.35 trillion…