By: AdminApril 20, 2024Categories: Income Tax News|News4 Min Read On April 15, 2024, the Supreme Court announced it would scrutinize the Commissioner of Income-Tax's assessment that imposed a ₹33,000 crore…
Income Tax Alert: Here Are 5 High-Value Transactions That May Come Under Scrutiny
By: AdminApril 20, 2024Categories: Income Tax News|News4 Min Read In recent times, a misconception has been prevalent among the people regarding the traceability of cashless transactions by the Income Tax…
Old or new tax regime? Which one is better for you in the new fiscal year
By: AdminApril 20, 2024Categories: Income Tax News|News4 Min Read Choosing between India’s new and old tax regimes depends on your individual financial situation, income sources, and investment habits. Remember, from…
To beat the last minute rush, some taxpayers start filing ITRs early
By: AdminApril 20, 2024Categories: Income Tax News|News4 Min Read To beat the last minute rush, at least some taxpayers have started filing their income tax returns for assessment year 2024-25…
Hospital chain KIMS subsidiary gets income tax demand of ₹306.97 crore
By: AdminApril 18, 2024Categories: Income Tax News|News4 Min Read Hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) on Tuesday (April 16) said its subsidiary SPANV Medisearch Lifesciences Private Ltd…
CBDT asks self-reporting orgs to file details of high-value transactions by June 30, 2024
By: AdminApril 18, 2024Categories: Income Tax News|News4 Min Read The Central Board of Direct Taxes (CBDT) has asked SROs or self-reporting organisations to file details of all high-value transactions that…
Tax Department Sends Notices to 44 Lakh Taxpayers; CBDT Chairman Highlights Decade of Growth
By: AdminApril 18, 2024Categories: Income Tax News|News4 Min Read In December, just before the advance tax deadline, the income-tax department sent out over 44 lakh letters to taxpayers regarding missing…
Malabar Parota to attract 5% GST and not 18%, rules Kerala HC
By: Admin April17,2024 Categories: GST Recent News The delectable Malabar Parota will taste even better with the Kerala High Court ruling that the popular flatbread will attract GST at 5…
Simplifying Income Tax Filing and Effective Tips for Tax Saving
Income tax filing can be a daunting task for many individuals, but with the right knowledge and strategies, you can navigate the process smoothly and even save money on your…