Here we have provided complete notifications related to the Income Tax and TDS provisions as per the official government laws. We include all the latest updates in Income Tax and TDS, news, amendments, and circulars on the government portal for your reference.
Introduce of Income Tax
Income Tax is the tax levied by the government on the income earned by an individual in any given previous year. latest income tax update is charged as a price for utilizing the services provided by the government and maintaining the same. It is the main source of revenue for the central government.
The main motive of collecting income tax is so that the amount raised by the government can be used for the development of buildings, roads and other infrastructure and development services. Income tax is collected by the central government and distributed to the state governments.
Income tax is managed by the Central Board of Direct Tax (CBDT) and is governed by the Income Tax Act, of 1961. There are six sources of income according to the Indian tax system. Income from salary, income from business or profession, income from capital gains, income from other sources, income from house property, etc.
Different rates of tax apply to different types of income. Some deductions are also provided by the government on income. The taxable income of an individual can be calculated after the deduction of such deductions.
Income tax is charged by the government according to the income earned by the individual. It is levied according to a slab system. In India, two slab systems are working under income tax, namely, the old system and the new system. The new IT slab system was introduced with the annual Budget for taxpayers. The government has provided an option of choosing between the slab systems to the assesses. An income tax return can be filed online by the individual assessee under forms ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, and ITR-7 according to the source of income of the assessee. The returns can also be filed by an assesses earning below the tax slabs. Non-compliance with the provisions of Income Tax can attract serious penalties or prison, or both.
Tax Deducted at Source (TDS) in India
Tax deducted at source is the tax deducted by the payer before paying the amount to the payee. It is a form of direct tax. It is levied on incomes, dividends, asset sales, rents, and interest payments by the bank.
It is managed by the Central Board of Direct Tax (CBDT) and is governed by the Income Tax Act, of 1961. The returns of TDS are to be filed by the assesses every quarter.
The tax is imposed so that the burden of tax to be paid by the assesses at the end of the year is reduced infractions every month and the government too can earn some revenue beforehand. Different rates of tax apply to different types of transactions. TDS is a form of advance tax. The returns of TDS can be e-filed by the assesses.
Section 194IA, Section 194IB and Section 194IC of the Income Tax Act,1961 govern the Latest TDS Tax Updates to be deducted on the sale of assets and Section 302 governs TDS on dividends. If the tax deducted by the employer is more than the actual liabilities then he/she can claim a refund for the same.
Non-compliance with the provisions of TDS Updates can attract penalties prison, or both. Collection of TDS makes sure that there is no tax evasion by any individual as the employer is responsible for deducting the tax and the situation of tax evasion is not even possible. The statement of TDS is reflected in Form 26AS of the Income Tax Act, 1961 and can be claimed in the same.
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Latest Update in Income Tax and TDS
The latest update in Income Tax and TDS via the government has come up with a lot of amendments under different norms looking at the current situation of the taxpayers/businesses in India. Here is the complete set of the latest Income tax and latest TDS Updates amendments, crucial notifications, and announcements made by the government also the important information that every taxpayer must know:
30th October 2024
- The CBDT has issued two new forms, 3CEDA and 3C-O, notifying the electronic submission of forms under Rule 131 for tax compliance. Read More
- CBDT new Circular No.14/2024 of condonation of delay under clause (b) of sub-section (2) of I-T section 119 for returns of income claiming deduction under section 80P for AY 2023-24 Reg. Read Circular
28th October 2024
- The due date for filing income tax audit has been extended to November 15, 2024, as per circular no. 13/2024. Read Circular
25th October 2024
- New Common, MAC and an Excel-based Utilities of ITR-7 form. Download Now
- Common Offline Utility: Version (V1.1.7) for ITR 1 to ITR 4. Download Now
23rd October 2024
- The updated version of the common utility for IT forms 3CA-3CD and 3CB-3CD is now available on the official portal. Download Now
22nd October 2024
- For the ITR-3 tax filers now download the updated version of the Excel-based utility at the official e-filing portal. Download now
21st October 2024
- The Handbook on Judicial Matters is available at the official e-filing website. Download PDF
- The e-filing ITR portal 3.0 will be launched soon with significant changes for taxpayers.
- The Income tax notification No. 117/2024/F. No. 300196/27/2022-ITA-I(Pt.1). Read more
- The Notification No. 116/2024/F. No. 500/1/2014-APA-II. Read more
18th October 2024
- The Income Tax Department has notified the guidelines for simplifying the compounding procedure and reducing compounding charges via press release.
- DGIT(S)/e-Filing Notification/Form 1/DTVSVS/2024 provides a procedure for declaring and furnishing an undertaking in Form-1 under Rule 4 of the DTVSV Rules, 2024. read more
17th October 2024
- The Income-tax ninth amendment rules 2024 for section 295 and section 206C of the IT Act, 1961 (43 of 1961). Click for PDF
- The income tax notification number 115/2024/F. No. 370142/21/2024-TPL related to the no collection of tax shall be made under sub-section (1F) of section 206C. read PDF
- The due date for income tax audit report forms 10B and 10BB has been extended for institutions and trusts until 10th November 2024. Read Order
16th October 2024
- The Income Tax Circular No. 01/2024 relates to the FAQs on the provisions of the Direct Tax Vivad Se Vishwas (DTVSV) Scheme. Read Circular
- The CBDT Notification No. 112/2024/F. No. 370142/19/2024-TPL relates to the Eighth Amendment Rules, 2024, which pertain to salaries and the details of TDS and TCS. View more
- The Income Tax Seventh Amendment Rules, 2024, notified through Notification No. 111/2024/F.No. 370142/20/2024-TPL, related to the Income Tax Act, 1962, specifically Forms 10A and 10AB. Read More
15th October 2024
- Notification No. 110/2024 [F. No. 300196/64/2018-ITA-I (Pt.1)] / SO 4401(E). Read Notification
- Notification No. 109/2024 [F. No. 300196/57/2018-ITA-I] / SO 4400(E). Read Notification
- Notification No. 108/2024 [F. No. 300196/15/2021-ITA-I] / SO 4399(E). Read Notification
- Notification No. 107/2024 [F. No. 300196/4/2024-ITA-I] / SO 4398(E). Read Notification
09th October 2024
- Income Tax Update: As per Explanation 2 to Section 139(1) of the I-T Act, taxpayers in the following categories submit their returns by 31st October 2024. Read More
- The CBDT finds that over 34.84 lakh audit reports had been filed on the e-filing portal for AY 2024-25 by 7 October 2024. Read More
08th October 2024
- The CBDT has established an internal committee to examine the Income-tax Act thoroughly. Also, the department is seeking input from stakeholders, experts, and the public through the Income Tax e-filing portal. Read Press Release
07th October 2024
- IT Notification No. 106/2024 F. No. 225/181/2024/ITA-II related to the Principal Secretary to Government & Chairman, Odisha Computer Application Centre (OCAC), Department of Electronics & Information Technology (E&IT), Government of Odisha. Read more
03rd October 2024
- The Income tax circular no. 11/2024 related to the application or claim for refund and carry forward of loss and set off thereof U/S 119(2)(b). Read Circular
01st October 2024
- The Income Tax Department has enabled the online filing of Form 1 DTVSV on its official portal.. Read Notification No. 104
30th September 2024
- The due date for the filing of various audit reports for the AY 2024-25 is now extended to 7th October 2024. Read Circular
- The Income Tax Department has scheduled a special drive in the first week of October to address taxpayers’ grievances in Jammu & Kashmir.
- The Notification No. 105/2024, F. No. 370142/16/2024-TPL. Read Notification
20th September 2024
- Notification No. 104/2024, F. No. 370142/16/2024-TPL. Read PDF
- The Direct Tax Vivad se Viswas Scheme 2024 (VSV 2.0) is set to start on 1st October. This scheme helps taxpayers to appeal during the resolving of direct tax issues. Read Notification
19th September 2024
- The Income Tax Department has raised the minimum thresholds for filing appeals in tax disputes via a circular no. 09/2024. Read PDF
- Notification No.102/2024/F.No. 203/12/2024/ITA-II. Read PDF
31st August 2024
- The I-T Department seeks a company to provide managed services for its PAN 2.0 Project. Read More
30th August 2024
- IT Notification No. 101/2024/F. No. 203/19/2024/ITA-II regarding the Advanced Manufacturing Technology Development Center is now available. Read more
- CBDT dept introduces the e-Dispute Resolution Scheme, 2022 (e-DRS) to help taxpayers address tax-related issues more efficiently and avoid legal proceedings. Read More
22nd August 2024
- On the 165th occasion of Income Tax Day, the Finance minister has released a ‘My Stamp’ at Delhi. Read PDF
21st August 2024
- The IT dept published a new clarification related to obtaining a tax clearance certificate (ITCC), in certain circumstances, by persons domiciled in India. Read Press Release
14th August 2024
- Notification No. 100/2024/F. No. 300196/13/2023-ITA-I
- Notification No. 99/2024/F. No. 300196/19/2019-ITA-I(Pt.1)
12th August 2024
- The updated form utility and schema for 3CEB are now available on the official e-filing portal. Download Now
9th August 2024
- Notification No. 98/2024/F.No.300196/9/2020-ITA-I
- Notification No. 97/2024, F. No.300196/3/2022-ITA-I
7th August 2024
- CBDT’s Circular 08/2024 relaxes the TDS/TCS provisions for cases where the deductee/collectee dies before linking their PAN and Aadhaar. Read Circular
2nd August 2024
- The income tax department has released a new press release with a record 7.28 crore ITRs filed for AY 2024-25 till 31st July 2024. Read PDF
1st August 2024
- CBDT has issued a notification F. No. 1871712024-ITA-I outlining the situations of investigations or verification activities under sub-section (5) of section 144B of the Income-tax Act, 1961. Read More
26th July 2024
- Notification No. 96/2024 [F.No. 300196/34/2017-ITA-I] / SO 2935(E) Read PDF
- Notification No. 95/2024 [F.No. 196/20/2021-ITA-I] / SO 2934(E) Read PDF
- Notification No. 94/2024 [F.No. F.No.300196/68/2018-ITA-I] / SO 2933(E) Read PDF
24th July 2024
- Budget 2024: Direct and indirect tax changes in rate, standard deduction, benefits, etc. Read PDF
19th July 2024
18th July 2024
- Notification No. 92/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2867(E)
- Notification No. 91/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2866(E)
- Notification No. 90/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2865(E)
- Notification No. 89/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2864(E)
- Notification No. 88/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2863(E)
- Notification No. 87/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2880(E)
- Notification No. 86/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2862(E)
- Notification No. 85/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2861(E)
- Notification No. 84/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2860(E)
- Notification No. 83/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2859(E)
- Notification No. 82/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2858(E)
- Notification No. 81/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2857(E)
- Notification No. 80/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2856(E)
- Notification No. 79/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2855(E)
- Notification No. 78/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2854(E)
- Notification No. 77/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2853(E)
- Notification No. 76/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2852(E)
- Notification No. 75/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2851(E)
- Notification No. 74/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2850(E)
- Notification No. 73/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2849(E)
- Notification No. 72/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2848(E)
- Notification No. 71/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2847(E)
- Notification No. 70/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2846(E)
- Notification No. 69/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2845(E)
- Notification No. 68/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2844(E)
- Notification No. 67/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2843(E)
- Notification No. 66/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2842(E)
- Notification No. 65/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2841(E)
- Notification No. 64/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2840(E)
- Notification No. 63/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2839(E)
- Notification No. 62/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2838(E)
- Notification No. 61/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2837(E)
- Notification No. 60/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2836(E)
- Notification No. 59/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2835(E)
- Notification No. 58/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2834(E)
- Notification No. 57/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2833(E)
- Notification No. 56/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2832(E)
- Notification No. 55/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2831(E)
- Notification No. 54/2024 [F.No. 500/Misc./S10(23FE)/FT&TR-II] / SO 2830(E)
15th July 2024
- The IT notification No. 53/2024 F. No. 300196/15/2022-ITA-I for the Uttaranchal Board of Technical Education, Roorkee’ (PAN: AAALU0281D). Read more
12th July 2024
- Offline, MAC and Excel-based utilities are now available at the official filing portal for the ITR-7 form. Download Now
11th July 2024
- Income tax Notification No.52/2024 Check PDF
09th July 2024
- The IT guidelines via F.No.299/10/2022-Dir(Inv.III)/1522 for issuance of notice under section 148. Read more
08th July 2024
- The offline utility for ITR forms 1 to 4, ITR-2, ITR-3, ITR-5, and an Excel-based utility for ITR-7.
02nd July 2024
- The Income Tax portal shares a list of several banks for e-pay tax services on the official e-filing portal. Read more
28th June 2024
- The IT notification F. No. DGIT(S)-CIT(OSD)E-Filing/e_Filing Notification/Forms/2024. Read more
21st June 2024
- The ITR-7 form offline and online utility for AY 2024-25 is here and ready for e-filing, read more
- A simple comparison of the tax amount under the NTR and OTR before you submit your tax return. read more
19th June 2024
- The direct gross collection for FY 2024-25 is Rs. 5.15 lakh crore, representing an increase of 22.19% compared to the preceding current fiscal. Read PDF
13th June 2024
On June 10th, the IT department released the ITR 3 validation rules (V 1.0) for Assessment Year (AY) 2024-25 on the official portal. Download PDF
13th June 2024
- The Income tax notification No. 51/2024 F. No. 300196/43/2018-ITA-I for the Kerala Co-operative Deposit Guarantee Fund Board. Read PDF
10th June 2024
- The individuals and HUFs can download the Excel-based utility and use it to update the JSON schema for their ITR-3 filing. Download Now
- The ITR-5 utility for AY 2024-25 in Excel format is now available on the official portal. Download Now
- The Income-tax 50/2024/F. No. 187/6/2024 (ITA-I). Read more
- The notification No. 49/2024 F. No. 300196/16/2022-ITA-I for the Real Estate Appellate Tribunal, Punjab. Read more
03rd June 2024
- The 6th Amendment rule 2024 related to the form 27Q via Notification No. 48/2024/ F. No 370142/11/2024-TPL. Read more
31st May 2024
- The Common Offline MAC Utility for ITR 1 to ITR 4 for AY 2024-25 is now available on the official website. Download Now
- The IT department released a MAC utility and JSON schema for the ITR-5 form. Download Now
29th May 2024
- Income Tax Notification No. 46/2024 F. No 370142/8/2024-TPL. Read More
- The Income tax notification No. 45/2024/F. No 370142/8/2024-TPL. View more
27th May 2024
- Income tax Notification F. No. 44/2024/F.No.370142/10/2024-TPL. Read Notification
24th May 2024
- The notification No. 43/2024, F. No.300196/32/2024-ITA-I for the Tamil Nadu Water Supply and Drainage Board, Chennai. Read more
23rd May 2024
- For better filing, the IT department introduced a new AIS functionality to submit feedback and transaction reviews. View more
14th May 2024
- The Income tax department has added a new functionality in AIS to furnish feedback on every transaction display in real-time. Read Press Release
10th May 2024
- The Income tax notification no.42/2024 for the Tamil Nadu Electricity Regulatory Commission. Read
- The updated utility V1.1.1 for ITR-1 to ITR-4 is now available on the official portal. Download now
- ITR-3 form Excel-based utility is showing on the portal for the HUL and individuals. Download now
09th May 2024
- The Income tax department has rolled out a new feature E-proceedings tab to relieve taxpayers of multiple pending proceedings. View more
07th May 2024
- The CBDT department has published the guidelines for the compulsory selection of returns for the Financial Year 2024-25. Read PDF
26th April 2024
- IT: The Income Tax Department published Circular No. 7/2024, related to extending the due date for filing Form 10A/Form 10AB to June 30, 2024. Read Circular
- The new Notification No. 41/2024, F.No.300196/44/2019-ITA-I has been published related to the Kerala Autorickshaw Workers Welfare Fund Scheme, Kollam. Read Notification
24th April 2024
Income tax Notification No. 39 /2024/ F. No. 187/4/2024-ITA-I. Read more
24th April 2024
- CBDT has issued Circular No. 06/2024 to extend the deadline for linking PAN-aadhaar to provide relief for TDS/TCS deductors until 31st May 2024. Read Circular
10th April 2024
- The CBDT has shared the notification no. F. No. 203/10/2021/ITA-II for Amul Research and Development Association, Anand, Gujarat (PAN: AAATA2673H). Read more
08th April 2024
- CBDT clarifies that there are no worries about retrospective taxation on re-opening cases relating to HRA claims. Read more
05th April 2024
- Several forms have been released, namely: New Form-1 for Aircraft Leasing business, Form-1 for Dividend exemption under section 10(34B), Form-1 for Ship Leasing Business, Form-10IEA, Form-10IFA, and Form-3AF. To know more, please refer to Notification 65/2022 for Form-1 (Aircraft Leasing Business), Notification 52/2023 for Form-1 (Dividend exemption under section 10(34B)), Notification 57/2023 for Form-1 (Ship Leasing Business), Notification 43/2023 for Form 10-IEA, Notification 83/2023 for Form 10-IFA, and Notification 54/2023 for Form-3AF.
04th April 2024
- The Income tax department has shared the corrigendum notification no. 2/2024 related to the time limit for verification of return of income after uploading. Read PDF
- The CBDT announced a significant change in the tax filing process to benefit taxpayers. Starting from the first day of April, taxpayers can file their ITRs for AY 2024-25, which is relevant to the FY 2023-24. View more
03rd April 2024
- The Income-tax notification no 2/2024 is released for verification of the time limit of the income tax return after uploading on the portal. Read PDF
02nd April 2024
- The CBDT department has published the clarification for the old regime (without exemptions) and the new regime under section 115BAC(1A) via a press release. Read PR
01st April 2024
- The income tax department has enabled the ITR forms 1, 2 and 4 via Online mode for AY 2024-25 for the taxpayers.
- The offline utilities for ITR-1, 2, 4, and 6 are now available for AY 2024-25 at the official e-filing portal. Now, the taxpayer can file these forms. Download now
- CBDT has released the Excel-based utility for ITR-1, ITR-2 and ITR-4 for AY 2024-25 at the official e-filing portal. These forms are available for filing. Download now
28th March 2024
- The CBDT has introduced a new version of ITR Form V for unverified electronically filed tax returns for the AY 2024-25 via notification no.37/2024 F.No.370142/7/2024-TPL (5th Amendment rule). Read more
27th March 2024
- The Income-tax notification No. 36/2024 F. No. 300196/21/2017-ITA-I for River Ganga (Rejuvenation, Protection and Management). Read more
26th March 2024
- The notification no F. No. 225/196/2023/ITA-II for the Principal Secretary, Planning Department, Government of Uttar Pradesh. Read more
20th March 2024
- The Income tax department has shared the notification no. 34 /2024 F. No. 370142/3/2024-TPL for any other amount not allowable under clause (h) of section 43B. Read more
- The Notification No. 33/2024 F.No. 503/2/1986-FTD-I for the avoidance of double taxation between India and Spain. Read more
19th March 2024
- The IT department has released the JSON schema for ITR-1 and ITR-4 forms for AY 2024-25. Download Now
- The Income tax notification No. 32 /2024 (F.No.165/1/2021-ITA-I) for the Press Trust of India Limited, New Delhi. Read more
- The Income tax department has shared the order to open all Income tax offices on March 29, 30 and 31 2024. Read order
15th March 2024
- Income tax notification no. 31/2024 [F. No. 203/22/2023/ITA-II] for the National Forensic Sciences University, Gandhinagar (PAN: AAALN3742Q). Read more
- The notification no. 30/2024 F. No. 203/20/2023/ITA-II for the Sardar Vallabhbhai National Institute of Technology, Surat (PAN: AAAJS1184P). Read more
- The Income tax department has published notification no. 29/2024 F. No. 203/17/2023/ITA-II for the Indian Institute of Technology, Kharagpur’ (PAN: AAAJI0323G). Read more
- The Income-tax F. No. 225/5/2021-ITA-II order under section 119 of the Income-tax Act, 1961. Read more
11th March 2024
- During FY 2023-24 (A.Y. 2024-25), ITD plans to carry out an e-campaign to reach out to persons/entities whose tax payments may not be commensurate to the amount of their financial transactions. Read PR
08th March 2024
- A deadline has been ex-post facto extended for Form 26QE, which was due between 01.07.2022 to 28.02.2023 (pertaining to Fiscal Year 2022-23). Read PDF
07th March 2024
- The Income-tax department has shared circular No. 3/2024 under section 119. Read Circular
06th March 2024
- The Income tax department revises Tax audit report Forms 3CD, 3CEB and 65 via (4th Amendment rule) notification No. 27/2024 /F. No. 370142/3/2024-TPL. Read PDF
- The IT department has extended the due date to file form 10B and 10BB audit tax reports till 31st March 2024. Read Circular
05th March 2024
- The Income tax form Sovereign Wealth Fund under section (23FE) is now available in the official portal. Read Circular
- The Income-tax shared the notification no. 25/2024/F. No. 300196/17/2021-ITA-I for Uttar Pradesh Real Estate Regulatory Authority. Read more
- The CBDT notification no.26/2024/F. No. 300196/12/2019-ITA-I for Karnataka Urban Water Supply and Drainage Board. Read more
- Income Tax Department (ITD) is preparing to send e-Verification Scheme-2021 communications to taxpayers regarding ‘mismatches’ between information on income tax returns (ITR) and information on specified financial transactions, as available with the Department, for income tax returns for FY 2020-21 (AY 2021-22). Read more
04th March 2024
- The ITR-7 form for AY 2024-25 is now available at the official e-filing portal via (3rd Amendment rule) notification No. 24/2024/F. No. 370142/1/2024-TPL(Part-1). Read PDF
- The notification No. 25/2024/F. No. 300196/17/2021-ITA-I for the Uttar Pradesh Real Estate Regulatory Authority. Read more
29th February 2024
- The income tax department has published notification F. No. 203/24/2023/ITA-II for the Panjab University, Chandigarh. Read PDF
27th February 2024
- The e-Verification Scheme-2021 is now available in the e-filing portal to identify mismatches between the third-party information. Read PDF
23rd February 2024
- The IT department has published 2nd Amendment rule 2024 related to form ITR-2, in Schedule 80DD via Notification No. 22/2024 F. No. 370142/47/2023-TPL. Read more
19th February 2024
- As a result of CBDT’s Order in F.No 375/02/2023-IT-Budget dated 13.2.2024, eligible outstanding direct tax demands have been remitted and extinguished. Go to Pending Action > Response to Outstanding Demand and check the status of ‘Extinguished Demands’ in your case by logging into your account. If you have any questions/concerns, please call 1800-309-0130 or send an email to taxdemand@cpc.incometax.gov.in. Read Order
09th February 2024
- Income tax Notification No. 21/2024 F. No. 503/06/2012-FTD.II. Read PDF
08th February 2024
- Income tax Notification No. 20/2024/F. No. 279/Misc./66/2014-ITJ (Pt.). Read More
05th February 2024
- CBDT notifies Income Tax Return Forms such as 2, 3 and 5 for the Assessment Year 2024-25. Read PR, Notification no.19/2024
02nd February 2024
- The income tax act provides higher TDS/TCS rates for deductees/collectees who have PAN status of ‘inoperative’ as per sections 206AA/206CC. CBDT circular no 3/2023 dated 28th March 2023 and notification no 15/2023 are to be referred to. If you click the link ‘Verify PAN Status’ under the quick links, you will be able to check the status of your PAN. Read Notification 15/2023 and Circular No.03
31st January 2024
- The income tax e-filing website and its associated services will be unavailable from 3 PM on 3rd February 2024, to 8 AM on 5th February 2024, due to a scheduled maintenance operation.
- The Income tax notification no. F. No. 203/11/2023/ITA-II for M/s Prayoga, Bengaluru. Read Notification
29th January 2024
- The IT department has published 1st Amendment rule 2024 related to the ITR-6 form for AY 2024-25 via Notification No. 16/2024/F.No. 370142/49/2023-TPL. Read more
24th January 2024
- The Income tax department has published circular no.1/2024 explaining the provisions of the Finance Act. Read PDF
- Direct tax collection statistics report up to FY 2022-23. View More
23rd January 2024
- Notification No. 13/2024/ F.No. C-14011/41/2018-V&L Read more
- Notification No. 12/2024/ F.No. C-14011/46/2018-V&L Read more
19th January 2024
- Latest schema and utility related to form 10BB for AY 2023-24. Download Now
- The filing of Form 15CD for FY 2023-24 is now available online. Please note that Form 15CD has been notified by CBDT in notification number 89/2023 of October 16, 2023. Read PDF
10th January 2024
- CBDT notification no.11/2024/F.No. 300196/42/2019-ITA-I for the Punjab State Faculty of Ayurvedic and Unani Systems of Medicine. Read more
- The notification no.10/2024 /F.No. 300196/34/2019-ITA-I for Chennai Metropolitan Water Supply and Sewerage Board. Read more
08th January 2024
- The notification No. 9/2024 F. No. 300196/51/2019-ITA-I for the Polavaram Project Authority, Hyderabad. Read more
- The IT notification no. 8 /2024 F. No. 300196/37/2021-ITA-I for Haryana State Board of Technical Education, Panchkula. Read more
- The Notification No. 7/2024 F. No. 196/12/2023-ITA-I for the Karmayogi Bharat (PAN: AAJCK2949L). Read more
- The Income tax notification no. 6/ 2024/F. No. 500/PF11/S10(23FE)/FT&TR-II(2) for the District Legal Service Authority Union Territory Chandigarh. Read more
- The Income-tax Corrigendum no 5/ 2024/F. No. 500/PF11/S10(23FE)/FT&TR-II(2). Read More
04th January 2024
- CBDT published notification No. 3/2024/ F. No. 300196/29/2022-ITA-I for Madhya Pradesh Professional Examination Board, Bhopal. Read PDF
- The IT notification No. 2/2024/ F. No. 300196/20/2019-ITA-I for the Karnataka State Rural Livelihood Promotion Society. Read PDF
- The Income tax notification no.1/2024 F. No. 300196/26/2021-ITA-I for the Bellary Urban Development Authority. Read PDF
- The Notice Inviting Tender (NIT) has been published for a re-tender for the selection of a Managed Service Provider (MSP) for the CPC (TDS) 2.0 project. Read PDF
03rd January 2023
- The Excel-based utility for ITR-1 to ITR-7 is now available on the Income tax portal for filing u/s 139(8A).
29th December 2023
- The new guidelines of section 194-O under sub-section (4) are now available at the official e-filing portal via circular no 20/2023. Read circular
27th December 2023
- Notification no. 106/2023/F. No. 500/PF13/S10(23FE)/FT&TR-II for the Ravenna Investments holding B.V. Read more
26th December 2023
- For Karnataka Bank customers, the IT department has enabled the e-Pay tax service via retail net banking and over-the-counter. Read more
- Providing Managed Service Provider (MSP) services for the ITBA 2.0 Project. This Notice Inviting Tender (NIT) sets out the project’s nature, scope, and timeframe and how it will be implemented. Read more
- The Income-tax department has notified new ITR-1 and ITR-4 forms for AY 2024-25 via notification No. 105/2023/ F. No. 370142/45/2023-TPL (Part-I). Read PDF
20th December 2023
- The CBDT notification no. 104/2023/ F. No. 370142/26/2023-TPL related to 29th Amendment rule 2023. Read more
- The Income tax department has shared the notification no. 103/2023/ F. No. 370142/44/2023-TPL related to 28th Amendment rule 2023. Read more
18th December 2023
The provisional collections of direct tax numbers for FY 2023–24 indicate that net collections amount to Rs. 13,70,388 crore, up from Rs. 11,35,754 crore in the same period of FY 2022–23. This represents a 20.66% increase. Read More
07th December 2023
The Income tax notification no 102/2023 F. No. 300196/45/2019-ITA-I for the Godavari River Management Board, Hyderabad. Read order
06th December 2023
- The IT department has released the AIS utility for Mac OS users on the Income Tax Portal.
- CBDT extends the deadline for processing claimed refund ITRs for AYs 2018–19 to 2020–21 until January 31, 2024. Read PDF
27th November 2023
- According to CBDT Notification No. 101/2023, the Government of Maharashtra launched the Maharashtra Council of Homoeopathy under clause 14 of the Maharashtra Homoeopathy Practitioners Act, 1960. read more
- In accordance with CBDT Notification No. 100/2023, Chhattisgarh Rajya Beej Pramanikaran Sanstha is defined as the body under this clause. read more
23rd November 2023
- The Notification No. 99/2023/F. No. 225/94/2023-ITA.II for the Deputy Director General (Tech Development Division), Unique Identification Authority of India (UIDAI), Government of India. Read more
21st November 2023
- The income tax department has published the corrigendum to notification No. 3. of 2021 related to guidelines for submitting Statements of Financial Transactions (SFTs) for depository transactions. Read More
07th November 2023
- The new form 56F for A.Y. 2023-24 is now available for e-filing at the official portal. Read PDF
03rd November 2023
- The Notification No. 96/2023 F.No. 503/12/2012-FTD.I exchange information and assistance in tax collection between the governments of the Republic of India and Saint Vincent. Read more
- The notification No. 95/2023/F. No.500/PF10/S10(23FE)/FT&TR-II-Part(1) for the BPC Penco XVII Corporation. Read PDF
01st November 2023
- The CBDT Notification No. 94/2023/ F.No. 370142/2/2023-TPL-Part (1) related to 27th Amendment rule 2023 for making changes in ITR-7 form. Read more
30th October 2023
- Taxpayers without validated bank accounts were notified via email and SMS that they could not receive refunds. View More
27th October 2023
- The data on direct taxes indicates that there has been an improvement in taxpayer compliance. Read PR
25th October 2023
- Form No. 10-IC for Assessment Year 2021-22 is condoned in accordance with section 119(2)(b) of the Income-tax Act, 1961. Read Circular
23rd October 2023
- The income tax circular 18 of 2023 which is related to U/S 119 for difficulties arising for the taxpayers and other stakeholders. Read Order
- Income tax notification no.91 /2023/F. No. 370142/40/2023-TPL – 26th amendment rule 2023 and tax deduction under section 10AA, Read more
20th October 2023
- The Income tax notification no. 90/2023 F.No.300196/11/2022-ITA-I for the Punjab Dental Council, Mohali. Read more
17th October 2023
- The Income-tax shared 25th amendment rule for e-Form No. 15CD under rule 37BB via Notification No. 89 /2023/ F.No.370142/36/2023-TPL. Read Notification
12th October 2023
- The Income-tax 24th Amendment Rules, 2023 issued notification No. 88/2023 F. No. 370142/33/2023-TPL. Read more
09th October 2023
- The CBDT department has issued notification No. 87/2023 F. No. 300196/39/2022-ITA-I for the Dental Council of India, New Delhi. Read more
05th October 2023
- The Income-tax notification No. 86/2023 F.No.300196/36/2017-ITA-I(Pt.I) for the District Mineral Foundation Trust. Read more
03rd October 2023
- The CBDT department has shared Notification No. 85 /2023 F.No.300196/20/2022-ITA-I for the National Farmers Welfare Program Implementation Society. Read more
- The Income tax department has published Notification No. 84/2023 F. No. 300196/10/2022-ITA-I for the Punjab Nurses Registration Council. Read more
- The Income-tax 23rd Amendment Rules, 2023 shared via notification No. 83/2023/ F. No.370142/32/2023-TPL. Read more
27th September 2023
- An income tax notification regarding formats, procedures, and standards for requesting a certificate under sub-rule (4) and its proviso of the I-T Rules, 1962. Under sub-section (I) of section 197 of the Income Tax Act, 1961, income tax can be deducted at any lower rate or there can be no deduction of income tax. read more
- The Income-tax 22nd Amendment Rules, 2023 shared via notification No. 82/2023/F.No. 370142/29/2023-TPL. Read more
26th September 2023
- The Income-tax 21st Amendment Rules, 2023 shared via notification No. 81 /2023/F. No. 370142/9/2023-TPL Part (1). Read more
25th September 2023
- The department has released the offline utility for the ITR-6 form for AY 2023-24. Download now
- The offline utility (V1.1.2) for the ITR-5 form is now available at the Official portal. Download now
- The Income tax department released the latest utility version (V 1.1.6) for ITR-1 to ITR-4 at the official portal. Download now
- The Income tax department has shared the notification for the classes of non-banking financial companies (NBFCs).
20th September 2023
- The CBDT department has released an offline utility for Digital Signature Certificate (DSC). Download now
- The Income tax notification no 78/2023 F.No.300196/22/2022-ITA-I Uttar Pradesh Expressways Industrial Development Authority. Read more
19th September 2023
- The ITR-7 form for the AY 2023-24 due date has been extended from 31st Oct 2023 to 30.11.2023. Read PDF
15th September 2023
- The Income tax department has published the important FAQs for the Digital Signature Certificate (DSC). Read PDF
14th September 2023
- The Income tax notification no.71/2023, F. No. 225/103/2023-ITA-II. Read more
- The Income tax department steps to change the status of bank account details update on the e-filing portal. View more
13th September 2023
- The Challan/Mandate Form must be generated using the e-Pay Tax service on the e-Filing portal by taxpayers paying Advance tax via NEFT/RTGS/OTC mode.
04th September 2023
- The notification No. 76 /2023, F.No.300196/19/2022-ITA-I for Real Estate Regulatory Authorities. Read more
- The notification No. 75 /2023 F.No. 300196/66/2018-ITA-I for E-Governance Society Department of Food. Read more
- The notification No. 74 /2023 F.No.300196/3/2023-ITA-I for Rajasthan State Dental Council. Read more
01st September 2023
- The e-filing of Form 10B for AY 2023-24 has been enabled in offline mode. The Offline Utility can be downloaded by taxpayers through the “Downloads” menu. In the Online mode, you can file Form 10BB electronically
31st August 2023
- Tax Deduction at Source (TDS) is now credited by means of a new electronic application Form 71 introduced by the CBDT. Read More
- The latest FAQs for the revision of form 27C is now available on the official portal. Read more
- Notification No. 72/2023/F. No.370142/21/2023-TPL Part(1). Read more
- The Income-tax 19th amendment rules, 2023 via notification No. 70/2023 F. No. 370142/25/2023-TPL. Read more
26th August 2023
- The Income Tax Department has revamped its National website with a user-friendly interface, new features, and added functionality to improve taxpayer experience. Read press release
- Form 10B e-filing for AY 2023-24 is available in offline mode. Offline Utility can be downloaded through the “Downloads” menu option ->Click on Form 10B ->Form Utility (From AY 23-24 onwards). Click to Download
24th August 2023
- The IT department has shared notification no.67/2023/F.No.300196/4/2022-ITA-I for the Punjab Building and Other Construction Welfare Board. Read notification
21st August 2023
- The Income-tax 18th Amendment Rules, 2023 shared via notification No. 65/2023/F. No. 370142/21/2023-TPL Part (1). Read more
- The CBDT announces the Rule for determining the value of a perquisite provided to an employee by their employer. Read Press Release
17th August 2023
- The Income tax department has shared general guidance for (lOD) clause under section 10 via circular number 10. Read more
- Comments are invited on draft Form No. 6C to implement the amendments made by the Finance Act, 2023 regarding Subsection (2A) of Section 142 of the Income Tax Act, 1961. Read more
- The Income-tax 17th Amendment Rules, 2023 shared via notification No. 64/2023/F.No. 370142/27/2023-TPL. Read more
- The CBDT notification no. 63/2023/F.No.300196/8/2022-ITA-I. Read more
- The income tax notification no. 62/2023/F.No. 300196/2/2023-ITA-I. Read more
- The income tax notification no. 61/2023/ F.No.370142/28/2023-TPL. Read more
14th August 2023
- The notification No. 60 /2023 F.No.300196/6/2020-ITA-I for ‘State Pollution Control Board Odisha. Read more
- The notification no. 59/2023 F. No. 300196/17/2020-ITA-I. Read more
10th August 2023
- The Income-tax 15th Amendment Rules, 2023 shared via notification No. 58/2023/ F. No. 370142/26/2023-TPL. Read notification
03rd August 2023
- The Income tax department has published a notification no. 57 /2023/F. No. 275/19/2023-IT(B) for payment in the nature of lease rent or supplemental lease rent. Read more
02nd August 2023
- Notification No. 56/2023/F. No.164/1/2023-ITA-1. Read Notification
- The Income tax notification no. 55 /2023 / F.No.300196/6/2021-ITA-I for Joint Electricity Regulatory Commission. Read Notification
- The Income-tax 14th Amendment Rules, 2023 shared via notification No. 54/2023/ F. No. 370142/24/2023-TPL. Read notification
31st July 2023
- CBDT circular No. 14/2023 under the Income-tax Act of 1961 sub-section (19) of section 155, this SOP provides for the recomputation of the total income of a co-operative society engaged in sugar manufacturing. Read Circular
28th July 2023
The notification No. 53/2023 (F.No. 370142/62/2021-TPL (Part-III). Read Corrigendum
27th July 2023
- Circular no. 13/2023 regarding the claim deductions under Section 80P. Read more
24th July 2023
- In case an NRI’s PAN is still inactive, he/she should inform the jurisdictional Assessing Officer of his/her NRI status with supporting documents. View more
- The income tax notification no. 52/2023/F.No. 275/17/2023-IT(B) for International Financial Services Centre. Read more
21st July 2023
The Income-tax 13th Amendment Rules, 2023 shared via notification No. 51/2023/ F. No. 370142/22/2023-TPL. Read more
19th July 2023
- The Income-tax 12th Amendment Rules, 2023 shared via notification No. 50/2023/ F. No.370142/22/2023-TPL. Read more
17th July 2023
- The ITR-5 form for offline utility AY 2023-24 is now available for filing at the official portal. Download Now
- The Income tax notification no. 49/2023/F. No.225/79/2019-ITA-II for the Securities and Exchange Board of India. read more
14th July 2023
- The Income tax department has published the list of banks for e-pay tax services. Read PDF
- The offline utility for ITR-6 form AY 2023-24 is now available at the official e-filing portal.
- Tax Audit Report Forms 3CA-3CD and 3CB-3CD for AY 2023–24 may now be submitted electronically.
13th July 2023
- The Income tax notification No. 48 /2023/F. No. 300196/4/2014-ITA-I(Pt.-1) for the Yamuna Expressway industrial development authority. Read Notification
11th July 2023
- I-T Dept Notification No. 47/2023/F. No. 187/3/2020-ITA-I related. Read more
10th July 2023
- A corrigenda has been issued to Circular No.10 of 2023 by the CBDT on 30th June 2023. read more
07th July 2023
- The PAN status was added to Income tax form 26AS on July 1 2023 by the Income Tax Department. View more
04th July 2023
- The Income tax department has shared the press release related to the conducted verification of reporting entities. Read PR
03rd July 2023
- ITR-7 Excel utility for AY 2023-24 is available for filing at the official portal. Download Now
30th June 2023
- The amounts up to Rs. 7 lacks per individual per annum under LRS and for overseas travel tour packages, there is no change in the TCS rate. Read PDF
29th June 2023
- The deadline for submitting Form No. 26Q, 27Q, and 27EQ TDS/TCS statements for the first quarter of FY 2023–24 has been extended till September 30th, 2023. Read circular
28th June 2023
- The Income-tax notification No. 46/2023/F. No. 500/1/2014-APA-II for international transactions or specified domestic transactions under section 92C. Read more
27th June 2023
- The Income tax form offline utility of ITR-3 for AY 2023-24 is now open for filing. Download Now
26th June 2023
- The Income-tax 11th Amendment Rules, 2023 shared via notification No. 45/2023/ F. No. 370142/18/2023-TPL. Read more
- The Income-tax notification no. 44 /2023/F. No. 203/08/2022/ITA-I for the University of Patanjali, Haridwar. Read more
23rd June 2023
- The Income-tax 10th Amendment Rules, 2023 shared via notification No. 43/2023/F. No. 370142/15/2023-TPL. Read more
22nd June 2023
- The Income tax department has enabled the ITR-2 offline utility for AY 2023-24. Download Now
18th June 2023
- According to the CBDT Press Release, the Gross Direct Tax collections for the financial year 2023-24 grew by 12.73 per cent. read more
16th June 2023
- The Income Tax Department has issued a notification under F.No.370149/97/2023-TPL for the purposes of instructing the I-T department to specify the scope of e-Appeals. read more
- CBDT notification no. 42/ 2023 [F. No. 285/08/2023-IT(Inv.V) for the special courts announced under the I-T Act and Black Money Act at Ranchi, Jamshedpur, and Dhanbad in the state of Jharkhand. read more
- The CBDT notification no. 41/ 2023 F. No. 187/1/2023-ITA-I for joint commissioners of Income-tax (Appeals) or additional commissioners of Income-tax. Read more
- The Income-tax shared notification no. 40/2023 F. No. 279/Misc./M-42/2023-ITJ. Read more
14th June 2023
- The Income tax department has shared notification no. 39/2023/F. No.370142/5/2023-TPL. Read more
- The notification F. No. 38/2023 F.No. 370142/62/2021-TPL(Part-III) for the e-advance rulings amendment scheme 2023. Read more
- The Income-tax 9th Amendment Rules, 2023 shared via notification No. 37/2023 F.No. 370142/62/2021-TPL(Part-III). Read more
12th June 2023
- The Income tax department has enabled the ITR-5 form offline Excel utility for AY 2023-24.
- The ITR-1 and ITR-4 offline utilities are available for filing for AY 2023-24 at the official portal.
09th June 2023
- The ITR-3 form for AY 2023-24 is now available for online filing mode with prefilled data.
08th June 2023
- The Income tax notification No. 36/2023/F. No. 500/PF9/S10(23FE)/FT&TR-II(2) for the Ontario Limited. Read more Read Circular
- The Income tax department has enabled the form 10A for regular registration/approval for AY 2022-23. Read Circular
05th June 2023
- Under Section 119(21b) of the Income-tax Act, 1961, the concession is granted for the delay in making refund claims and carrying forward claims of losses. Read more
02nd June 2023
- The Income-tax 8th Amendment Rules, 2023 shared via notification No. 35 /2023/F. No. 370142/ 14 /2023-TPL. Read more
31st May 2023
- The Income-tax 7th Amendment Rules, 2023 shared via notification No. 34/2023/ F. No. 370142/13/2023-TPL. Read more
- The Income-tax department has published notification no.33 related to the e-Appeals Scheme, 2023. Read more
- The Income-tax 6th Amendment Rules, 2023 shared via notification No. 32/2023/F. No. 370142/10/2023-TPL. Read more
30th May 2023
- Non-government salaried employees will have a new limit of Rs.25 lakh for tax-exempt leave encashments, starting from 01.04.2023. Read more
- Notification No. 30/2023/F. No. 370142/9/2023-TPL (Part-I) related to the supersession of the notification of the Government of India. Read more
- The Notification No. 29/2023/F. No. 370142/9/2023-TPL (Part-I) for the Central Government hereby notifies the following class or classes of persons. Read more
26th May 2023
- CBDT issued Notification No.31/2023 referring to an increase in the limit for tax exemption on leave encashments for non-government salaried employees to Rs.25 lakh starting from 01.04.2023. Read More
25th May 2023
- The ITR-3 Excel utility for AY 2023-24 is now available on the official portal. Download Now
- The application deadline for provisionally registered/approved trusts/institutions to seek regular registration has also been extended from 30.09.2022 to 30.09.2023. Read more
24th May 2023
- The Income-tax Fifth Amendment Rules, 2023 shared via notification No. 28/2023 / F.No. 370142/12/2023-TPL. Read more
23rd May 2023
- CBDT has published the following guidelines related to the removal of difficulties under sub-section (3) of section 194BA. Read more
18th May 2023
- TDS u/s 194A will be applicable on interest made from Mahila Samman Savings Scheme. Read Notification
17th May 2023
- The Ministry of Finance has published the corrigendum (F. No. 190354/62/2023-TRU). Read more
- The CBDT notification no. 27/2023/F. No. 370142/11/2023-TPL for the scheme namely the Mahila Samman Savings Certificate. Read more
12th May 2023
- ITR-2 excel based utility is now available on the official website. Download now. Download Now
- The Income tax notification No. 26 /2023 F. No.300196/5/2019-ITA-I (Pt.-1) Food Safety and Standards Authority of India’, New Delhi. Read more
- The Income tax notification no. 25/2023 F.No.300196/27/2019-ITA-I for the Pune Metropolitan Region Development Authority. Read more
05th May 2023
- The Income-tax notification no. 24/2023/ F. No.500/62/2017-FT&TR-V (Pt-III) opportunities for non-taxation or reduced taxation through tax evasion or avoidance. Read more
28th April 2023
- The form no.70 Income-tax (32nd Amendment) Rules,2022 via notification no. 111/2022/F. No. 370142/32/2022-TPL now is available for filing. Read More
26th April 2023
- The Excel-based utility for ITR-1 and ITR-4 forms for AY 2023-24 is now open for tax professionals. Download now
25th April 2023
The Income tax form no.10 statement is ready to be filed on the official portal. read more
19th April 2023
- Income tax Notification No. 22/2023, F. No. 300196/53/2019-ITA-I. Read more
17th April 2023
- The Income-tax notification 30th Amendment Rules, 2022 via notification number 109/2022 related to form 52A. The form is now available for filing at the official portal. read more
13th April 2023
- The CBDT released key statistics about Direct Tax collections, followed by time-series data for Fiscal Year 2021- 22. Read Press Release
12th April 2023
- A new schema has been released by the CBDT for e-filing of ITR 1 returns for the residents (other than those not ordinarily resident) earning an income of up to Rs 50 lakh, owning a property, earning interest, or earning income from agriculture up to Rs.5 thousand. Click to Download ITR 1 JSON
- A new ITR 4 filing schema has been released by the CBDT for individuals, HUFs and firms (other than LLPs) who are residents and have a total income of up to Rs 50 lakh, and income from business and profession calculated under sections 44AD, 44ADA or 44AE, as well as agricultural income up to Rs.5 thousand. Click to Download ITR 4 JSON
10th April 2023
- CBDT Notification No. 20/2023 F.No.196/19/2014-ITA-I for Central Board of Secondary Education, Delhi. Read more
- CBDT Notification No. 18/2023/F.No.300196/27/2021-ITA-I for Greater Noida Industrial Development Authority. Read more
- Taxpayers and other concerned persons are issued with documents under GST by the officers of the Directorate with a Document Identification Number (DIN). Read notification
- The IT department notification No. 20/2023 F.No.196/19/2014-ITA-I for the Central Board of Secondary Education Delhi. Read notification
06th April 2023
- A CBDT circular no.4/2023 clarification regarding TDS deductions under section 192 read with subsection (IA) of section 115BAC of the Income Tax Act, 1961. Read Circular
04th April 2023
- Nominate your eligible & validated bank account(s) to facilitate refund crediting if any refund is due.
- The IT department has published a notification no. 16/2023/F. No.300196/11/2019-ITA-I for Bhadohi Industrial Development Authority. Read notification
- The Income tax department has printed the direct tax collection for FY 2022-23 via an official press release. Read PR
03rd April 2023
- Income tax forms 15C and 150 for granting a letter of no-deduction under subsection (3) of section 195 of the Income Tax Act, 1961 through TRACES: Procedure, format and standards. Read Notification
31st March 2023
- As per IT section 115BAC, the tax calculator for Individual/ HUF/ AOP/ BOI/ Artificial Juridical Person (AJP) proposed by the finance bill. View more
30th March 2023
- The CBDT department has given relaxation of submission e-Form 10F by select taxpayer categories in accordance with the DGIT (Systems) Tax Notification No. 3 of the 2022 year. Read more
- The Income-tax department has posted the (04th Amendment) Rules, 2023 via notification no. 15/2023 F. No.370142/14/2022-TPL. Read notification
29th March 2023
- I-T circular no.03/2023 – According to newly substituted rule 114AA, PAN may become inoperative. Read more
28th March 2023
- In addition to Over-the-Counter and Net Banking options, South Indian Bank is now providing an e-Pay Tax service. View List
- The Income tax department has shared the PDF to resolve the DSC issue. View more, Check PDF
24th March 2023
- The new mobile application Annual Information Statement(AIS)/Tax Information Summary(TIS) via the income tax department is now enabled for taxpayers. Read Press Release
16th March 2023
- The Income-tax department has shared the notification number 13/2023 F.No 285/26/2021-IT(Inv.V)/CBDT. View More
14th March 2023
- The Income-tax department has shared the press release related to the e-Verification Scheme that has been introduced by ITD to facilitate transparent and voluntary compliance. Read PDF
08th March 2023
- Form 26 AS will display only TDS/TCS data starting with AY 2023-24. AIS (Annual information statement) will provide information on other taxes, such as self-assessment tax, advance tax, refunds, etc.
06th March 2023
- The Income-tax department has shared notification No. 12/2023/F.No.300196/61/2018-ITA-I for the Karnataka State Building and Other Construction Workers Welfare Board. Read PDF
- The CBDT department has shared the corrigendum via notification no. 11/2023/F. No. 370142/2/2023–TPL. Read PDF
01st March 2023
- Central Board of Direct Taxes has shared notification No. 10/2023/F.No. 187/3/2020-ITA-I. Read More
- The Income tax department has shared notification No. 09/2023/F.No.300196/39/2021-ITA-I for the ‘Insolvency and Bankruptcy Board of India. Read More
28th February 2023
- The CBIC Notification No. 8/2023 (F. No. 370142/51/2022–TPL) for new ITR forms. Read more
22nd February 2023
- The income tax department issued notification No. 7/2023 [F. No.370142/47/2023-TPL] for the 3rd amendment rule 2023. Read more
21st February 2023
- The Income tax department official now provides access to a specialized tax calculator that enables individuals, HUFs, AOPs, BOIs, Artificial Juridical Persons (AJPs) to compare the old tax regime and new tax regime, in accordance with Section 115BAC. View More
15th February 2023
- The Income tax department has notified e-filing ITR forms for AY 2023-24 well in advance. Read more
14th February 2023
- The Indian government has issued the format of ITR 1 to 7 forms for AY 2023-24 who file their returns electronically. read pdf
07th February 2023
- The CBDT declares the following scheme for processing statements furnished under section 167 of the Finance Act, 2016 (28 of 2016) in the exercise of its powers under sub-section (2) of section 168. read more
- The Income-tax department has shared the corrigendum via circular no.23 related to explanatory notes to the finance act 2022 for dated 03-11-22. Read circular
02nd February 2023
- The Income tax department has published the finance bill 2023 highlights. Read PDF
30th January 2023
- Income tax notification no. 02/2023/F. No. 500/PF5/S10(23FE)/FT&TR-II-Part(1) for the California Public Employees Retirement System (PAN: AAATC6038J). Read notification
18th January 2023
- The department has given tax exemption via notification number [F. No. 203/02/2022/ITA-II] to the Indian Institute of Science Education and Research, Tirupati (PAN: AAAAI9820P). Read More
11th January 2023
- An amendment to Notification 2 of 2021 regarding Statement of Financial Transactions (SFT) for Interest Income (Abolishing of Rs 5,000 limit) is now available. Read Circular
09th January 2023
- I-T Circular No. 1/2023: Section 54 to 54GB of the Income-tax Act, 1961 (‘Act’) time limit extension for claiming exemptions relating to the then-Covid-19 pandemic. Read Circular
04th January 2023
- The City Union Bank now offers e-Pay Tax services with Over Counter and Net Banking options. UCO Bank, IDBI Bank, Jammu & Kashmir Bank, and Union Bank are now able to e-Pay taxes at the e-Filing portal using the e-Pay Tax facility from Protean (previously NSDL). View more
01st January 2023
- The Income tax notification number 128/2022/F. No. 500/PF7/S10(23FE)/FT&TR-II for Ontario Inc. Read PDF
- In determining whether a Co-operative Society is liable to pay income taxes under Section 269ST of the Income Tax Act, 1961, clause (c) needs to be clarified. Read Circular
HOW CAN I CALCULATE INTEREST ON TDS?
sir/mam,
i have one query for tcs return
challana having 3 collective in that 2 are having pans another one no pan in that case we get
an error it showing ,like not less than 85% for having pan is there any solution for this error. we
are not able to generate fuv file.
Dear Sir,
Request you kindly mail us updates on TDS.
Thanks & Regards
CA. Praveen Gupta