Parents Can Claim Tax Collected at Source Credits for Foreign Education of Children: New Income Tax Rule: The recent changes… Read More
Disallowance Section 40(a)(ii) of Indian / Domestic Taxes: What is Section 40(a)(ii) & its Disallowance? The provision you're referring to,… Read More
CBDT Guideline: Apply for condonation delay in filing ITRs for claims refunds or C/F losses New guidelines issued by the… Read More
Whether digital gift cards are Virtual Digital Assets ? Meaning of Virtual Digital Asset : Definition of VDA: Section 2(47A)… Read More
The Section 87A Story : The Section 87A Mystery The changes in the interpretation of Section 87A, particularly regarding the… Read More
Why is Income Tax Dept On ITR Processing Slow This Year? Overall 25% Less ITRs have been processed so far.… Read More
What is the Income tax Penalties for late or belated ITR filing for AY 2024-25? Taxpayer may please note there… Read More
High volume of Income Tax Return filings on the deadline day FY 2023-24 High volume of Income Tax Return filings… Read More
If you fail to file ITR before 31 July, can result in consequences FY 2023-24 Missing the ITR filing deadline… Read More
Overview on Income tax scrutiny under section 143(2) Notices When the Income Tax Department finds discrepancies, whether minor or major,… Read More