Parliamentary panel report reveals high vacancy rates in CBDT and CBIC, hindering tax collection and efficiency.
The reason could be that your current year’s refund may have been adjusted against your old income tax demand, embroiled in ...
One of the key challenges highlighted was regarding tax deduction at source (TDS). The chamber raised concerns about how the ...
This extension is applicable to taxpayers who have global transactions and are needed to provide reports under Section 92E ...
"We are working on simplification of the language. The act itself is about 300-500 pages, with certain sections not important ...
Whether you are an individual, a business owner, or part of a government office, this December 2024 tax calendar outlines key ...
Aforesaid appeal filed by the Revenue for Assessment Year (AY) 2009-10 arises out of the order of Learned Commissioner of Income Tax, National Faceless Appeal Centre (NFAC), Delhi, [hereinafter “CIT ...
The ITAT reviewed the medical evidence and ruled that the CIT (A) should have condoned the delay, given the valid health-related reason. Additionally, the Central Board of Direct Taxes (CBDT) had ...
The extension has been granted to taxpayers falling under clause (aa) of Explanation 2 to sub-section (1) of Section 139, ...
Originally set for November 30, 2024, the new filing deadline is now December 15, 2024, for the Financial Year 2023-24 ...