CBDT comes out with FAQs on Direct Tax Vivad se Viswas scheme 2024
In order to provide more clarity on the second edition of the Direct Tax Vivad se Viswas scheme 2024 (VSV …
Income Tax
Home loan interest advantage in new tax regime: Reduce your tax by claiming loss but only on this type of house property
If you have an ongoing home loan and are looking to reduce your net tax outgo, it is advisable to …
New Circular of CBDT allows tax officers to waive interest due from assessee
New Delhi, The income tax department has allowed tax officials to either waive or reduce interest payable by a taxpayer, …
7 major changes from Nov 1: GST, Money transfer, credit cards, FDs, LPG prices
A number of financial changes will take place from tomorrow onwards (November 1, 2024) such as RBI’s new rule for …
CBDT Extends Due Date for Filing Income Tax Return for AY 2024-25: Circular No. 13/2024
The Central Board of Direct Taxes (CBDT) has issued Circular No. 13/2024, extending the due date for furnishing the Income …
New relief for income taxpayers: CBDT allows other person to claim TCS credit for tax paid on expenses like foreign travel, study abroad – ETCFO
The income tax laws have been revised by the Central Board of Direct Taxes (CBDT) to allow a different person …
CBDT Simplifies TDS/TCS Credit Claims for Salaried Employees and Minors: Notification No. 114/2024
Date: October 16, 2024 In a move aimed at simplifying the process of claiming credit for Tax Collected at Source …
DA hiked by 3% for all central government employees ahead of Diwali celebrations
The centre has hiked the dearness allowance (DA) for all central government employees by 3% The Dearness Allowance (DA) for …
New ITR e-filing portal 3.0 to be launched soon
The e-filing ITR portal for income tax is about to undergo a revamp with ‘substantial’ changes that are more friendly …
CBDT Issues FAQs on Direct Tax Vivad Se Vishwas Scheme, 2024 to Provide Clarity
The Central Board of Direct Taxes (CBDT) has issued a Guidance Note in the form of Frequently Asked Questions (FAQs) …
