16 May Unveiling the Essence of “Lex Non Cogit Ad Impossibilia”
Gain valuable knowledge about "Lex Non Cogit Ad Impossibilia" and its relevance in legal frameworks. Delve into the complexities of legal wisdom and understanding. ...
Taxation regulations Tag
10 Apr CBDT Urges Officers to Identify Top 30 Cases of TDS Shortfall by June 30, 2024
The Central Board of Direct Taxes (CBDT) has instructed income tax officers to scrutinize the top 30 cases of insufficient tax deduction at source (TDS) and resolve at least 150 appeals by the Commissioner of Income Tax before June 30, 2024....
04 Apr Audit wing of SGST Authority shall keep all proceedings in abeyance if the subject matter is pending before the CGST Authority
The Audit division of the State Goods and Services Tax (SGST) Authority is mandated to suspend all actions if a matter is pending before the Central Goods and Services Tax (CGST) Authority...
22 Mar Guidelines Regarding Cash Limits in Home under Tax Regulations
Under the provisions of the Income-Tax Act (ITA) of 1961, there exists no stipulation on the maximum amount of cash permissible to be kept within one's residence....
06 Mar CBDT Introduces Key Changes to Income-tax Rules: Fourth Amendment Rules, 2024
In a move aimed at streamlining tax compliance and ensuring transparency, the Central Board of Direct Taxes (CBDT) has issued Notification No. 27/2024 dated March 05, 2024, notifying the Income-tax (Fourth Amendment) Rules, 2024. These amendments, made to the Income-tax Rules, 1962, bring significant updates...
05 Mar Income Tax Department enabled the Online Filing of Form I SWF
On March 04, 2024, the Income Tax Department released a notification announcing the activation of online submission for Form I SWF, as outlined in Circular No. 15 of 2020, issued on July 22, 2020....