Income Tax News

SC ruling on Income Tax searches to give big relief to taxpayers

27 April 2023 at 08:37

The Supreme Court has held that the income tax (I-T) department cannot reopen completed assessments under the Section 153A of the I-T Act

Posted in Income Tax | 9936 Views

Excel utilities of ITR 1 and ITR 4 released for AY 2023-24

26 April 2023 at 08:32

Income Tax Department releases Excel utilities of ITR 1 and ITR 4 for AY 2023-24 & made them available for filing.

Posted in Income Tax | 10698 Views

Form 10 is made available for filing on Income Tax Portal

24 April 2023 at 08:46

The Income Tax Department has notified that Form 10 now available for filing on Income Tax Portal, which was earlier notified via Notification No. 96/2022 issued in August 2022.

Posted in Income Tax | 6210 Views

ICAI issued various Handbooks under Direct Taxation

24 April 2023 at 08:44

Various Handbooks released by ICAI under Direct Taxation

Posted in Income Tax | 7611 Views

Income Tax investigation against insurers widens to banks

22 April 2023 at 08:57

The income-tax (I-T) department sent notices to two large private banks in its ongoing investigation into possible malpractices involving commission payments made by insurance companies, says a report.

Posted in Income Tax | 4323 Views

IT dept conducted searches on premises of prominent Bollywood producers

21 April 2023 at 08:25

IT dept conducted searches on premises of prominent Bollywood producers

Posted in Income Tax | 7356 Views

IT Dept clarifies 'No proposal before government' regarding capital gains tax

19 April 2023 at 08:35

"It is clarified that there is no such proposal before the Government on capital gains tax," Income Tax Department said via a tweet.

Posted in Income Tax | 6639 Views

Form 52A made available for filing

17 April 2023 at 08:33

Form 52A is now available for filing vide Notification No.109/2022 dated 14th September 2022.

Posted in Income Tax | 10335 Views

Income Tax Dept enabled Download Statement option for Form 26QB Payment

15 April 2023 at 06:41

The Income Tax Department has enabled the Download Statement option for Form 26QB Payment on the income tax e-filing portal.

Posted in Income Tax | 12426 Views

CBDT releases Direct Tax Statistics as updated upto FY 2021-22

14 April 2023 at 07:25

In continuation of its efforts to place more and more information in public domain, the CBDT has further released Time-Series data as updated upto F.Y. 2021-22...

Posted in Income Tax | 5436 Views