FAQ on new Capital Gain Taxation regime proposed in Budget 2024
CBDT released FAQ on newly revised capital gain taxation in Budget 2024 on 24th July 2024. This FAQ covers 13 …
Category: Income Tax News
Budget 2024 Income Tax Highlights
Given below are the Budget 2024 Income Tax Highlights from the budget speech as presented by Nirmala Sitaraman ji on …
ITR Filing Last Date for FY 2023-24
Income Tax Return Filing last date for FY 2023-24 (AY 2024-25) is 31st July 2024. Individuals who are not covered …
ITR7 Utility Released – AY 2024-25
The income tax department has released the ITR7 utility for AY 2024-25 (FY 2023-24). ITR7 Form is applicable for persons …
CBDT Explanatory Circular on Finance Act 2023
CBDT vide a circular no. 1/2024 dated 23rd January 2024 has released an explanatory circular related to various provisions of …
New FEATURE enabled on AIS portal
The income tax department has enabled a new tab on the AIS portal, “Reports” which gives a consolidated tax summary …
Income Tax Audit due dates extended – FY 2022-23 (AY 2023-24)
The income tax department has extended the due dates for filing certain audit reports for FY 2022-23 (AY 2023-24), which …
CBDT issues clarification regarding Carry Forward of losses in case of change in shareholding due to Strategic disinvestment
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 10th September, 2021 PRESS RELEASE CBDT issues …
ICAI : Tax Bulletin for the Month of Aug,2021
Ease of doing business & Custom Audit All about HSN code in GST Retrospective effect of Income Tax act 1961 …
Income Tax Department conducts searches in Hyderabad : Income tax search
The income tax department conducted a Search operation in the State of Telangana and released the below press release. The …