Tag: Income tax updates

Thus, based on above notification it can be said that if return is verified within 30 days of filing date ...

Hence, if you don't have any TDS claim or don't have share transaction you can file the Income tax return ...

In India we follow financial year for the purpose of reporting and as a tenure to bifurcate 2 years in ...

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

Although, new tax regime is the default tax regime, tax payers can choose the tax regime that they think is ...

148A(b): It deals with issuing show cause notice to assessee and informing him about the information based on which the ...

Hence, now this is a practical difficulty where a clarification is sought from Income tax department of how to disclose ...

Therefore, to facilitate completion of pending departmental work, all the Income Tax Offices throughout India shall remain open on 29th, ...

Other than resident senior citizen who don't have business income in their income tax return, all other types of assessee ...

We have to now only consider whether the submissions made by Mr. Suresh Kumar, as noted above, make any difference. ...

eligible donations made by a trust 1 institution shall be treated as application for charitable or religious purposes only to ...

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

trusts / institutions which have furnished audit report on or before 31st October, 2023 in Form No. 10B where Form ...

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 ...