GST Network has deferred the implementation of locking Table 3.2 in GSTR-3B, which shows inter-state supplies to unregistered persons and c...

With the notification, individuals, HUFs, firms having income up to Rs 50 lakh and those having earnings from business and profession in th...

Softy ice cream mix in vanilla flavour, containing 61.2% sugar and 34% milk solids, is not classified as a dairy product and will attract 1...

The Income Tax Department has notified the Cost Inflation Index (CII) for the fiscal year 2024-25, set at 363, to calculate long-term capit...

The income tax department in India has released an interim action plan for the fiscal year 2024-25, focusing on identifying cases of TDS sh...

Industry officials, however, said the impact of the cut down in hiring is mostly at the senior management and director levels, while compan...

According to the Directorate of Income Tax (Systems) notice, the time limit of 30 days made available to the assessing officers has been re...

The clarification comes about a week after the last date for filing income tax return for Financial year 2021-22. As per the notification, ...

Under complete scrutiny, a detailed scrutiny of the return of income is carried out by tax officers to confirm the genuineness of various c...

Issuing an instruction on implementation of the apex court judgement regarding notices sent beyond the three-year reassessment period, the ...

Taxpayers filing ITR-U, which can be filed within 2 years of the end of the relevant assessment year, will have to give reasons for updatin...

The I-T Department has expanded the list of high-value financial transactions which would be available to taxpayers in their form 26AS by i...

The last date for filing the tax audit report for the 2020-21 fiscal is January 15, 2022. For fiscal 2019-20 i.e. AY 2020-21, limit was Rs ...

During the first wave of the Covid 19 pandemic, many businesses opted for ‘work from home’ for their workers, even as business activity fro...

Delhi HC has asked the Shipping Ministry and the External Affairs Ministry to examine the feasibility of making a law to check illegal traf...

Bansal said maximum tax on petrol is levied by Tamil Nadu state, which is about 35 per cent while Goa imposes lowest rate of tax on the com...

A complaint was filed with the local police against the uploading of an objectionable picture of Congress president Sonia Gandhi by a BJP a...