Tag: income tax update

During the course of the search operations, a remotely located cloud server containing parallel set of books of account secretly ...

​The search action, so far, has led to the detection of unaccounted income of more than Rs. 100 crore. Out of ...

The important documents and information one needs to have before filing their Income tax return if as under: 1. Form ...

The evidences clearly indicate evasion of taxable income by adopting various modus-operandi such as suppression of production, use of bogus ...

The new rate of depreciation for cars was kept at 30% as compared to the existing depreciation rate of 15% ...

A Taxpayers’ Lounge has been set up by the Income Tax Department in India International Trade Fair, 2021 at Pragati ...

The above judgement has been passed by Hon'ble ITAT, Bangalore in case of M/s. Myntra Designs Pvt. Ltd. Vs. Deputy ...

The My Bank Account service is available to all registered taxpayers on the e-Filing portal (post-login), who have a valid PAN and ...

1. When do I need to submit a rectification request? A request for rectification can be submitted on the e-Filing ...

The search action has resulted in seizure of unaccounted cash of Rs. 63 lakh and jewellery of Rs. 2 crore. ...

The Income Tax Department carried out search and seizure operations in border districts of Rajasthan on 28.10.2021 covering 33 premises ...

TDS means Tax deducted at source. The concept of TDS was introduced in Income Tax act with an aim to ...

Income Tax Department has rolled out the new Annual Information Statement (AIS) on the Compliance Portal which provides a comprehensive ...

Although now a Chartered Accountant can see Form 3CA-CD and 3CB-3CD option in his e-filing website profile, however there are ...

3. Do I need to file the form again for the next assessment year? No. If you have opted for ...