CAclubindia News

Faceless Tax Schemes to Continue Beyond March 2025 as Date Restrictions Removed

04 February 2025 at 08:56

Removing date restrictions on framing the schemes in certain cases

Posted in Union Budget & Policy | 489 Views

Section 271BB Omitted and Penalty Powers Shift to Assessing Officers in 2025

04 February 2025 at 08:56

Certain penalties to be imposed by the Assessing Officer

Posted in Union Budget & Policy | 336 Views

Section 276BB Amended: Exemption from Prosecution for Certain Delayed TCS Payments

04 February 2025 at 08:56

Exemption from prosecution for delayed payment of TCS in certain cases

Posted in Union Budget & Policy | 1614 Views

Time Limit Extension for TCS Default Orders Under Section 206C Effective April 2025

04 February 2025 at 08:56

Excluding the period such as court stay etc. for calculating time limit to pass an order

Posted in Union Budget & Policy | 510 Views

Section 115VP Amended: Extended Deadline for Tonnage Tax Approvals Effective 2025

04 February 2025 at 08:56

Increasing time limit available to pass order under section 115VP

Posted in Union Budget & Policy | 294 Views

Income Tax Act Amendment: New Reporting Norms for Crypto-Assets Effective April 2026

04 February 2025 at 08:56

Obligation to furnish information in respect of crypto-asset

Posted in Union Budget & Policy | 660 Views

Property Tax Relief: Simplified Annual Value Rules for Homeowners Effective 2025

03 February 2025 at 06:53

Annual value of the self-occupied property simplified

Posted in Union Budget & Policy | 2895 Views

Section 80CCA Amended: Tax Relief on NSS Withdrawals Effective August 29, 2024

03 February 2025 at 06:53

Exemption to withdrawals by Individuals from National Savings Scheme from taxation

Posted in Union Budget & Policy | 2244 Views

NPS Vatsalya Scheme: New Tax Deductions for Parents Under Section 80CCD

03 February 2025 at 06:53

Deduction under section 80CCD for contributions made to NPS VatsalyaThe NPS Vatsalya Scheme, officially launched on 18 September 2024, enables parents and guardians to start a National Pension Scheme (NPS) account for their children. This savings-cum

Posted in Union Budget & Policy | 1053 Views