27 May Understanding the Landmark Hyderabad ITAT Judgement
Discover the significance of Hyderabad ITAT's ruling in the Vijay Pratap Kumar Dasari case! Learn about section 69A additions and the importance of substantiating funds....
Direct Tax
27 May Income tax return scrutiny: CBDT issues notification on selection of cases for tax scrutiny. Check details
The CBDT has issued new guidelines for the scrutiny of ITRs for FY 2024-25. Learn why your returns might be under closer examination. ...
25 May CBDT notified “363” as Cost Inflation Index (CII) for the F.Y 2024-25
The CBDT has set the new Cost Inflation Index for the fiscal year 2024-25. ...
22 May SC waives interest on Income Tax dues payable by Telcos pursuant to holding license fee as capex
Supreme Court waives interest on telcos' tax dues. License fees now capital expenditure, increasing telcos' taxable income....
15 May No data loss due to fire at CR building: Income Tax department
Read the official statement from the Income Tax department regarding the fire incident at the CR Building. Discover how they managed to prevent data loss and ensure safety protocols. ...
15 May Transform Your Factory: Tax Incentives Drive Sustainable Shifts
Dive into the realm of sustainable manufacturing accelerated by financial incentives like tax breaks. Uncover strategies to enhance your environmental footprint. ...
14 May Get Ahead: File ITR-1, ITR-2, ITR-3, ITR-4, and ITR-6 Effortlessly Now!
The Income Tax Department brings good news! File your taxes hassle-free with ITR-1, ITR-2, ITR-3, ITR-4, and ITR-6 for AY 2024-25, now available online and offline. Get started today!...
14 May ITR filing: I-T dept introduces 3 utilities for filing ITR form 3 for AY 2024-25; Check details
Ready to file your ITR-3? Don't miss out on the newly released utilities for FY 2023-24 (AY 2024-25). With options for offline, online, and Excel tools, tax filing has never been simpler! ...
14 May Section 43B of Income Tax Act: Expenses Businesses Can Cover Apart from Payment to MSMEs
Unlock the potential of Section 43B to minimize your tax liability. Explore deductible business expenses and stay ahead of the game in tax planning. ...
14 May CBDT Releases New Functionality in AIS for Taxpayers: Real-time Status of Information Confirmation Process
Discover the latest update from the Central Board of Direct Taxes (CBDT) introducing a groundbreaking feature in the Annual Information Statement (AIS) allowing taxpayers to monitor the real-time status of information confirmation. Explore how this innovation enhances transparency, accountability, and ease of compliance for taxpayers....