Month: February 2024

Where a person has undergone Aadhaar authentication as per sub-rule (4A) of rule 8 but has been identified in terms ...

However, they have even mentioned that in case assessee has already filed and shown interest income under "other income" then ...

This section is only applicable where seller is a resident, if seller is non-resident TDS needs to be deducted u/s ...

As per sub section 2 of section 115BAC of the Act the following deduction shall not be available in relation ...

Further, such demand shall not include demand related to TDS deduction and TCS collection i.e. deductor related demands visible on ...

However, to provide relief to the senior citizens (whose age is 75 years or more) and to reduce the compliance ...

Taxpayers can check the veracity of any communication from DGGI/CBIC by using the ‘VERIFY CBIC-DIN’ window on the CBIC’s website

Hence, an important thing to note here is that a person can claim benefit of this section only when it ...

Incriminating documents recovered during the search, contain details of ill-gotten money of approximately Rs.13 crore, received in cash by the ...

A primary cooperative society engaged in supplying of milk to the Federal Cooperative Society is eligible to claim deduction in ...

In our earlier post we have discussed the newly introduced Section 43B(h) of the Income tax act which says that ...

The proposal aims to waive off the recovery of the old outstanding demands up to INR 25,000 for the period ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of February 2024.

ITR-4 (SUGAM) is for resident individuals, HUFs and Firms (other than LLP) having total income upto Rs. 50 lakh and ...