Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
In the near future, the income tax officials soon have the gesture which permits all assessments to correct their automatic generated financial statement via e-portal independently. For the filing tax services, the department indeed launches the mobile application like tax credit information, effective demands, IT return verifications Get to know about top 6 quick methods […]
The Income Tax Appellate Tribunal (ITAT) Delhi ruled that long-term capital gains tax The Income Tax Appellate Tribunal (ITAT), Jaipur, has ruled that the previous water and electricity bills can not be provided as proof of construction. read more will be not imposed on the Indirect transfer of Indian assets. It came up in a […]
The Central Board of Direct Taxes (CBDT) has said that an income tax survey will be conducted to collect information for scrutiny by Tax Deducted at Source (TDS) directorate only after approval from the Principal Chief Commissioner or the Chief Commissioner level officer. The board by releasing directed the officers that where any survey action […]
On the basis of secret sources, the income tax department All the unaccounted income and not paying up the taxes will not be fruitful from now onwards as the tax department has made it clear that it will be important will initiate a search program and take action for the case of a person who […]
The comptroller and auditor general (CAG) found that the Income-tax department has examined one sample for scrutiny and found that the tax calculated is lower by Rs 44,000 crore. About 3.32 lakh cases have been audited by CAG in the FY 2017-18 and 2018-19. The report states that it shows a lack of seriousness of […]
Sometimes the taxpayer makes some ITR filing mistakes and may also miss some important details to fill in the income tax return form, and this fact has obliged the IT department to come up with a solution. Now taxpayers can make corrections in their ITR filing through the IT department’s E-filing portal within a specified […]
An income tax return (ITR) will be furnished when the income from all sources will (without giving effect to exemptions under section 54/54F or deduction under chapter VI A) exceed the highest value not liable to the income tax. One seeks to see the difference in income arising from all the sources before filing ITR […]
CBDT has reduced the tax of District Mineral Foundation Trusts which has raised the offering from leaseholder to the foundation, interest on delayed return, fines, interest on the funds, saving bank accounts, and that collected from excess reserves invested in a term deposit. The Board has defined provisions for availing the privilege. the Trust is […]
The comprehensive review process of GST laws has been accelerated and now it is particularly focused on rapidly reducing the tax-related offenses and it is aimed at improving business sense and reduce law reports. The Central Government is evaluating the chances and outcome of scrapping Claus into law that empowers Officers to arrest taxpayers on […]
