➖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
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
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
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
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,
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
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the PAN 2.0 Project initiated by the Income Tax Department. This initiative, with
