Income Tax Articles

New Income Tax Excel Utility for ITR-2 & ITR-3 Version 1.8 for AY 2024-25 Now Available

Joseph Amal T A 08 January 2025 at 08:46

The Indian Income Tax Department has introduced the latest versions of its Excel utilities for filing Income Tax Returns (ITRs) for the Assessment Year 2024-25.

Updated 24Q TDS Return Effective from January 2025 - Relief to Salaried Employees

Joseph Amal T A 07 January 2025 at 08:44

From October 1, 2024, the government mandated employers to consider the TDS/TCS deducted on non-salary income when computing TDS on salary. This adjustment aims to reduce the excessive TDS deductions often faced by salaried employees by ensuring that tax already paid on non-salaried income is accounted for.

Corporate Tax Planning: Lessons from Tata Group and Infosys

CA Gyati Gupta 07 January 2025 at 08:43

This article delves into the lessons that can be learned from these corporate giants, supported by technical insights and relevant case laws.

Condonation of Delay in Filing Key Tax Forms for NPOs & Corporates

Vivek Jalan 06 January 2025 at 08:44

Condonation of delay in filing Form 9A/10/10B/10BB for NPOs and 10IC and 10ID for Corporates for availing lower rate of tax

Key Tax Law Changes Effective This Year - 2025 Onwards

CA Gyati Gupta 04 January 2025 at 08:50

This article provides an overview of the critical tax law changes effective this year, their implications, and the steps taxpayers should take to adapt.

Key Tax Changes For the Year 2025: You Should Be Aware Of

Mitali 03 January 2025 at 15:40

Change in Income Tax Slab under New Tax Regime

Statutory Tax Compliance Tracker - January 2025

CS Lalit Rajput 03 January 2025 at 09:53

Compliance Tracker for the month of January 2025

Navigating TDS for NRIs After Budget 2024: The Importance of a Lower TDS Certificate

CA Arun Tiwari 01 January 2025 at 07:57

Navigating Indian tax laws can be especially challenging for Non-Resident Indians (NRIs). One significant hurdle is Tax Deducted at Source (TDS), a tax deducted from your income at the source before it reaches you.

Income Tax Highlights: 2024 Year-End Review

Chaitra Seetharam 31 December 2024 at 12:24

As the year wraps up, crucial changes to income tax regulations and policies have been unveiled in the Union Budget 2024-25, impacting individual taxpayers and corporations.