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.
IT dept conducted searches on premises of prominent Bollywood producers
"It is clarified that there is no such proposal before the Government on capital gains tax," Income Tax Department said via a tweet.
Form 52A is now available for filing vide Notification No.109/2022 dated 14th September 2022.
The Income Tax Department has enabled the Download Statement option for Form 26QB Payment on the income tax e-filing portal.
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...
The Income Tax Department has released JSON Schema ITR 1 and ITR 4 for AY 2023-24 (FY 2022-23)ITR 1: For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house pro
Income Tax Department commenced a Search & Seizure operation in the case of some Cooperative Banks, in the State of Karnataka, on 31.03.2023.
CBDT notified the Cost Inflation Index for FY 2023-24 as 348.
The Supreme Court has held that the Commissioner of Income Tax can exercise revision powers under Section 263 of the Income Tax Act over the orders of the Assessing Officer which cause prejudice to the interest of the revenue.The Top Court set aside
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English