Wed, Nov 13, 2024
There has been a significant increase in income tax compliance in the country with more than five-fold growth in the Rs 50 lakh-plus income category, according to sources.
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Tue, Oct 29, 2024
The income tax department has notified the tolerance range for variation between arm's length price and transfer pricing for international and specified domestic transactions for Assessment Year 2024-25.
Wed, Oct 16, 2024
It would also include cases pending before the Dispute Resolution Panel (DRP) and revision petitions pending before the Commissioner of Income Tax.
Thu, Aug 19, 2021
For senior citizens and very senior citizens Income Tax Department offers certain income tax benefits and exemptions.
Thu, Aug 05, 2021
As per the information provided by the Income Tax Department, section 17 of the Income-Tax Act defines the term ‘salary’. Generally whatever is received by an employee from an employer in cash, kind or as a facility (perquisite) is considered as salary.
Tue, Aug 03, 2021
PAN stands for Permanent Account Number and TAN stands for Tax Deduction Account Number. TAN is to be obtained by the person responsible to deduct tax.
Fri, Jul 30, 2021
A total of 31 premises, spread across Kanpur, Noida, Ghaziabad, Delhi, and Kolkata, were searched on Thursday, a Finance Ministry statement said,
PAN enables the department to link all transactions of the assessee with the department. These transactions include tax payments, TDS/TCS credits, returns of income, specified transactions, correspondence and so on.
Wed, Jun 09, 2021
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Few Examples of physical certificates are drivers' licenses, passports or membership cards.
The income tax department on Monday, June 7 launched a new e-filing portal www.incometax.gov.in. The portal will provide an easier way of online filing of returns and tax payments to the taxpayers.
Sun, Jun 06, 2021
A new taxpayer-friendly e-filing portal of the Income Tax Department will be launched on June 7. The website will offer a lot of new features to the taxpayers of the country.
Sun, May 30, 2021
Income taxpayers will now be able to file their income tax returns (ITR) on mobile also. The Income Tax Department will launch a new portal called e-filing 2.0 for filing income tax returns on June 7, 2021.
Thu, May 20, 2021
The Income Tax Department is all set to launch a new website for filing income tax returns (ITR). Due to the launch, the existing e-filing portal will be closed.
Sat, Apr 24, 2021
Income Tax Department Alert: The Modi government has extended deadline for various time barring dates from April 30 to June 30. The decision has been taken in the view of raging Covid 19 pandemic.
Wed, Mar 31, 2021
The new financial year 2021-22 is going to begin from 1st April 2021 i.e. from tomorrow. But, with the end of the current fiscal, some important deadlines are also ending today.
Tue, Mar 30, 2021
Aadhaar PAN Link: Deadline for PAN Aadhaar Link is 31st March 2021 and like previous occasions, people have presumed that there will be extension in Aadhaar PAN linking deadline.
Fri, Mar 26, 2021
Aadhaar PAN Link: PAN Aadhaar link last date to get it done is 31st March, 2021 and like previous occasions, people have presumed that there will be an extension in Aadhaar PAN linking deadline set b the government.
Thu, Mar 25, 2021
Aadhaar PAN Link: Last date for PAN Aadhaar link is 31st March 2021, which is less than a week now.
Tue, Mar 23, 2021
All the PAN card holders, read this carefully. The Income Tax Department has set 31 March 2021 as Aadhaar PAN Link deadline. If your PAN is not linked to your Aadhaar, then from 1 April you will not be able to do any financial transaction.
PAN Aadhaar Link Status Check Online: Aadhaar-PAN link deadline is fast approaching. 31st March, 2021 is the last date for PAN Aadhaar seeding. Failing to do that will mean your PAN card becomes inoperative.
Thu, Mar 18, 2021
PAN Aadhaar Link: Last date for Aadhaar PAN link is fast approaching. Failing to do PAN Aadhaar Linking will lead to one's PAN card becoming inoperative provided there is no extension in the Aadhaar PAN Linking deadline set by the Income Tax Department.
Sat, Mar 06, 2021
PAN Aadhaar Link: Last date for Aadhaar PAN link is fast approaching as the Income Tax Department has set 31st March 2021 last date to do that.
Wed, Mar 03, 2021
On Wednesday morning, Income Tax officials conducted raids at the Mumbai residence of filmmaker Anurag Kashyap, actress Taapsee Pannu, and Vikas Bahl.
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