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…
7.28 Crore ITRs Filed for AY 2024-25 by July 31, 2024: Key Insights
By: Admin|August 02, 2024|Categories: Important News|Income Tax|Press Release The Income Tax Department has reported a historic achievement, with over 7.28 crore Income Tax Returns (ITRs) filed for the Assessment Year…
Income Tax Portal Upgraded: July 31 Deadline for I-T Returns Likely to Remain
By: AdminJuly 26, 2024Categories: Income Tax News|News4 Min Read As the deadline for filing Income Tax (I-T) returns approaches on July 31, 2024, the Central Board of Direct Taxes (CBDT)…
NAREDCO Proposes Rs 5 Lakh Home Loan Interest Tax Exemption Limit Increase
By: AdminJuly 18, 2024Categories: Income Tax News|News4 Min Read Boosting Housing Demand: NAREDCO Calls for Rs 5 Lakh Tax Exemption on Home Loan Interest In a bid to stimulate the…
Telangana HC Questions State Funding of CM and Ministers’ Income Tax
By: AdminJuly 18, 2024Categories: Income Tax News|News4 Min Read Challenging Taxpayer Funds: PIL Questions State Payment of Officials' Income Tax In a significant legal development, the Telangana High Court has…
ITR Due Date Extension AY 2024-25: Will Income Tax Return Filing Deadline Be Extended Beyond July 31?
By: Admin July 17, 2024 Categories: Income Tax News | News As the income tax return filing deadline of July 31 approaches, individual taxpayers and tax professionals have requested an…
GST Council decisions to be incorporated in the Finance Bill: CBIC Chairman Sanjay Kumar Agarwal
By: AdminJuly 04, 2024Categories: CBIC|News4 Min Read CBIC Chairman Sanjay Kumar Agarwal on Wednesday said the decisions taken at the GST Council meeting last month, like amnesty scheme for initial…
Govt may discontinue monthly GST releases; shorter statement on the cards
By: AdminJuly 03, 2024Categories: GST Recent News4 Min Read The finance ministry may discontinue the practice of releasing a statement outlining GST collections data on the first day of every…
GSTN enabled option for Search Taxpayer through mobile number
By: AdminJuly 02, 2024Categories: GST Law|GST Portal Updates|Important News4 Min Read The GSTN has enabled an option for Search Taxpayers through mobile numbers. To access this feature, follow these steps:…
Good news for ITR Filers; You can now file tax audits with Aadhaar OTP, no digital signature required
By: AdminJune 29, 2024Categories: Important News|Income Tax News4 Min Read The Income Tax Department has introduced a new verification method for tax audit forms, allowing taxpayers to use Aadhaar OTP…