By: AdminJanuary 29, 2025Categories: Income Tax News | News4 Min Read The Income Tax (I-T) Department is conducting search operations at IIFL Group in connection with alleged tax evasion, according…
Bombay High Court Allows 87A Tax Rebate on Special Rate Income, Orders Fix for ITR Utility
By: AdminJanuary 29, 2025Categories: Income Tax News | News4 Min Read Bombay High Court Ruling on Section 87A Rebate In a landmark judgment on January 24, 2025, the Bombay High…
CBIC Waives Late Fees for FORM GSTR-9C Filing for FY 2017-18 to 2022-23
By Admin | January 23, 2025 | Categories: 55th GST Council | 4 Min Read The Central Board of Indirect Taxes and Customs (CBIC) has provided relief to taxpayers by…
Final Reminder: File ITR and GST Returns by December 31, 2024
By: AdminDate: December 30, 2024Categories: TAX NewsReading Time: 4 Minutes As the calendar year comes to an end, taxpayers must ensure that they file both belated Income Tax Returns (ITR)…
New Feature on Income Tax Portal: File Rectification Applications Directly with AO
By: Admin | Date: December 28, 2024Categories: Important News | Income Tax News | Read Time: 4 Min The Income Tax Department has unveiled a new feature on its portal,…
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…
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…