Income Tax
Set -Off & Carry Forward
| March 15, 2025
Category: Income Tax
Income Tax
TAX-LOSS HARVESTING
| March 15, 2025
➖Selling a security/stocks that has incurred a loss to help investors reduce or offset taxes on any capital gains income subject to taxation. The sold security can be
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Income Tax
Central Bureau of Investigation
| March 15, 2025
CBI registers a case against Nine accused including Dy. Commissioner and two Inspectors of income tax & five CAs on allegations of trying to sabotage the Faceless Scheme
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Income Tax
Correction statements (Revised TDS Returns) for FY 2007-08 to 2018-19 shall be accepted only up to 31st March 2025.
| February 27, 2025
As per the recent amendment to Section 200(3) of the Income Tax Act, no correction statement (Revised TDS Return) shall be filed after the expiry of six years
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Income Tax
Assessment of Charitable and Religious Trusts and Institutions
| February 27, 2025
Income Tax
Income Tax Bill 2025
| February 12, 2025
Income Tax
Zero tax on selling agricultural land
| February 10, 2025
Income Tax
“Request for Order Giving Effect” on Income Tax e-Filing Portal!
| February 10, 2025
The Income Tax Department has introduced a new feature on the e-Filing portal – “Request for Order Giving Effect” . Now, assessees can raise a request online to
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Income Tax
Extension of due date for determining amount payable as per column (3) of Table specified in section 90 of Direct Tax Vivad Se Vishwas Scheme, 2024
| December 30, 2024
Circular No. 20/2024 Extension of due date for determining amount payable as per column (3) of Table specified in section 90 of Direct Tax Vivad Se Vishwas Scheme,
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Income Tax
CAG Report raises red flags over income tax department’s handling of arrears and outstanding demands
| December 21, 2024
NEW DELHI: A CAG report on the functioning of Income Tax department, tabled in Parliament on Tuesday, has raised concern over non-sharing of data with the audit team
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