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Search results for: income tax department

Income Tax Act

New IT Return Forms Demand Extensive Tax Details From NRIs

Expats, the people living outside their native country, have been benefited by ‘double taxation avoidance agreements’ and who claims for tax relief under this agreement are now supposed to furnish more information and would have to provide extensive disclosures like the tax identification number of their native country,

Income Tax Dept Court Stay ATFP Case

Income Tax Dept May Bring Shock to Taxpayers Having Court Stay in ATFP Case

Some taxpayers who get the stay granted by the Appellate Tribunal for Forfeited Property (ATFP) may encounter shocking news in the coming weeks. Acting as a semi-judicial authority, The income tax department is trying to abort the stay permitted to the taxpayers by Appellate Tribunal.

Growth Income Tax Filings

30% Growth in Income Tax Returns Filings + Over 3 lakh Visits Website for Notices

The income tax e-returns filed for the April-February period has marked up almost 30% more when the comparative study was done with the analogous span of time in FY18 which attested 6.7 crore income tax e-return filing.

GST Informational Resources

Top GST Informational Resources for Taxpayers & Individuals

Goods and services tax is an endless topic with multiple provisions and acts. It is also considered to be very complex in nature as many of the professional chartered accountants, as well as tax experts, are trying to solve the puzzles introduced by the GST in the last 2 years.

Income Tax Project

Updated Income Tax Project To Offer Same Day Return Filing Process & Returns

Good news has come for the taxpayers because Infosys is going to develop a new income tax filing system at the cost of Rs 4,241.97 crores said the government that will help to decrease the processing time for returns from 63 days to one day and expedite refunds.

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