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Income Tax Return: If you find it difficult to fill the Income Tax Return Form, then CBDT has a crisp and clean solution for you. From next year onwards, the tax return form will be auto-filled.
Income Tax Returns can now be filed online without entering the UIDAI based Aadhaar number, as cleared by the Central Board of Direct Taxes (CBDT).
Recently the Ministry of corporate affairs has issued a new revised draft for the amendment of details to be given in the cost audit reports required by the companies to submit them with the government.
ITR-1 Sahaj Form is filed by the taxpayers and the individuals having the residential status of ordinary and not other than ordinary, accruing income from salaries or, one house property and other capital gain sources i.e. Interest etc. up to INR 50 lakh per annum.
The reports of tax evasion are not new. Taxpayers have even managed to find ways to evade taxes in the new Goods and Services Tax (GST) regime.
The last date to file the income tax return (ITR) for Non-Audit Cases is 31st July 2024 and for audit cases, the due date is 31st October 2024 for FY 2023-24 (A.Y. 2024-25). It is necessary to ensure that the details furnished in the form are all correct. It happens that many times the taxpayers […]
In a step to take a dig over the false build-up of PAN number for illegal purposes, the government authority either deleted or blocked more than one lakh permanent account number (PAN). The government has taken this step to investigate fake identities while the action is considered to be very bold enough to target the […]
The clause for anti-profiteering has emerged quite a while ago when the finance ministry first announced that any company found blocking the tax benefits to the consumers will be penalized and also various other severe measures will be taken against them.
In a general issue regarding the mismatch in names occurring in the PAN card and Aadhaar card has been surging day by day as in the common process to link the Aadhaar card to the tax return file, the issue of name mismatch recurring in every taxpayer application.
