The Income Tax Department appreciated taxpayers and tax professionals for on-time compliance, resulting in a record number of filing of Income Tax...
The due date for furnishing the audit report in Form no. 10B/10BB has been extended from September 30, 2023 to October 31,...
Income Tax Department Sets Sights on Swiss Bank Accounts In a significant move towards curbing black money, Nitin Gupta, the Chairman of...
Income Tax Department Sets Sights on Swiss Bank Accounts In a significant move towards curbing black money, Nitin Gupta, the Chairman of...
In some cases refunds are held up because the taxpayer has not validated their bank account Around 35 lakh cases for issuance...
The IT department has a number of compliance requirements for taxpayers. Knowing the Income Tax department’s tax calendar is important for taxpayers...
Penalty has been imposed on state-owned insurer for violation of sections 271(1)(c) and 270A of the Income Tax Act, 1961 Read More:...
New Delhi: Over 30.75 lakh audit reports, including about 29.5 lakh Tax Audit Reports have been filed for AY 2023-24 on the...
Tax audit due date: The deadline for taxpayers to submit their tax audit report was September 30, 2023. The income tax department...
The Income Tax Department said it is making every effort to complete the processing of ITRs and issuance of refunds expeditiously. Read...