
Besides keeping ready all the necessary documents, including Form 16 and bank statements, to file their tax returns, taxpayers are…
To file your income tax return, you’ll need several important documents like Form 16, bank certificates, capital gains certificates and…
A report in the Financial Express last month stated that discussions were underway in the finance ministry regarding the implementation…
The CBDT, which comes under the finance ministry, said that several grievances have been received from the taxpayers that they…
Terming the media reports “completely misplaced”, the Central Board of Direct Taxes (CBDT) has said that there is no special…
The CBDT notification has clarified that income tax returns (ITRs) need to be e-verified within 30 days of uploading, otherwise…
Infosys, which competes with TCS and Wipro and others in the market for IT services contracts, is scheduled to declare…
“The company has received an order passed under Section 143(3) read with Section 144B of the Income-tax Act, 1961 for…
CreditAccess Grameen said that the notice is based on incorrect facts and assumptions and that the management is confident of…
The party took the matter to the Income Tax Appellate Tribunal (ITAT) in May 2023, which did not stay the…
It’s important to note that there is no separate form for belated ITR; the taxpayer must use the forms notified…
The I-T department has reportedly alleged a tax evasion of Rs 200 crore by the company. The search is underway…
Income Tax Department searches are underway at the residences of contractors and suppliers associated with the Tamil Nadu Electricity Board…
Even as the number of ITRs have increased 14% in four years through FY23, the number of zero tax ITR…
“We believe that the captioned news-item appearing in the media is baseless and speculative in nature. Hence, we would like…
How to resolve Aadhaar-PAN link failure due to Name, DOB, Gender mismatch? The Income Tax Department has shared ways to…
Further, handwritten notes, documents and digital evidences containing extracts of cash transactions were seized and parallel cash books and bogus…