You Searched For "assessee" and got 17 results
Sort By:
3 mins read
Tax man introduces ITR 1 and ITR 4 forms – Here’s what it means
The Central Board of Direct Taxes (CBDT) has revealed the Income Tax Return (ITR) Forms 1 and 4 for…
2 mins read
More than 27 lakh assessees added to Income Tax base
The department is extensively taking the help of a special electronic module called 'non-file…
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
2 mins read
Budget blow to HNIs claiming huge deductions for expensive houses
For better targeting of tax concessions and exemptions, Finance Minister Nirmala Sitharaman capped …
3 mins read
Your comprehensive document checklist for income tax return filing
The income tax return filing, or ITR filing, season will be here soon and with that has begun the s…
2 mins read
Income Tax dept selects 68,000 high-value transaction cases for e-verification
CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage volu…
ANI
4 mins read
Responsibility of Govt to design convenient tax system so that individuals can budget & plan: SC
"Hence the income earned through such investments would fall under the head Profits and Gains of bu…
PTI
4 mins read
Responsibility of Govt to design convenient tax system so that individuals can budget and plan: SC
The court, which allowed a batch of appeals filed by banks against an order of the Kerala High Cou…
PTI
3 mins read
After cryptos, the taxman could come for your NFTs says a new report
The Indian government, earlier this year, brought virtual digital assets (VDA) under the ambit of t…
2 mins read
Income tax department updates Form 26AS, now includes mutual fund purchases, foreign remittances and more
India’s income tax department has updated the Form 26AS to include more information such as off-mar…
2 mins read
Date for filing income tax returns extended to March 15, 2022
For fiscal 2019-20 i.e. AY 2020-21, limit was ₹5 crore for businesses and ₹50 lakh for profess…
PTI
5 mins read
Presumptive taxation: The scheme that eases burden on small businesses
Running a small business or a professional service can often involve a single person or a few peopl…
2 mins read
Govt notifies rules, forms for Vivad Se Vishwas scheme
On receipt of the declaration form and undertaking, the designated authority shall, within 15 days…
PTI
2 mins read
Govt may need to further extend tax return deadline if COVID cases continue to rise: Experts
Commenting on the government's decision extend the date of filing of income tax return in view of t…
PTI
6 mins read
Income tax bonanza, capex push emerge as the stars of Budget 2023-24
An upward revision in income tax slabs and a continued push on capital expenditure investments emer…
2 mins read
COVID-19: Govt extends validity of lower withholding tax orders by 3 mths till Jun 30
Nangia Andersen Consulting Chairman Rakesh Nangia said this will ensure continuity of payments to c…
PTI
2 mins read
Govt amends I-T rules for faster resolution of multinational corporations' tax disputes under MAP
It also states that if a resolution is arrived, the same shall be communicated to the assessee, wh…