New tax norms favour employees living in employer accommodation
The Central Board of Direct Taxes (CBDT), in a recent notification, modified Rule 3 of the Income-Tax (I-T) Rules, 1961, …
The Central Board of Direct Taxes (CBDT), in a recent notification, modified Rule 3 of the Income-Tax (I-T) Rules, 1961, …
Companies can file their financial statements and annual returns for FY23 during the ongoing filing season without waiting for the …
The CBDT Notification No. 70/2023 dated August 28, 2023, Notified the Income-tax (Nineteenth Amendment) Rules, 2023. These rules, effective upon their …
Tax Collected at Source (TCS) is a system where a seller of certain goods collects taxes from the buyer. Also …
1.Rule 8 (Application for registration) of CGST Rules had been amended to provide that those applicants who had opted for …
An Income Tax tribunal has rejected the demand of the authorities to impose tax on cash deposits made by a …
The Income Tax Department is reportedly looking to shorten the average processing time for getting tax refunds from 16 to …