Last Updated:November 18, 2024, 16:34 IST ‘Will not only meet but hope to exceed direct tax budget target of Rs 22 lakh crore in FY25. […]
Tag: CBDT
Now Tax Officials Can Waive, Reduce Your Interest Dues, CBDT Allows Big Change, Check Details
Last Updated:November 05, 2024, 13:40 IST The income tax department has allowed tax officials to either waive, reduce interest payable by a taxpayer, subject to […]
CBDT Extends Due Date For Corporates Furnishing ITR For AY 2024-25
Last Updated:October 26, 2024, 12:09 IST CBDT Extends ITR Filing Deadline for Corporates by 15 Days Till November 15 CBDT Extends October 31 Deadline In […]
Income Tax: CBDT Extends Deadline for Audit Report to October 7, Know Penalty on Missing Due Date
The deadline extension comes following reports of a slow e-filing portal. The deadline extension for audit report till October 7 is applicable to all taxpayers, […]
Income Tax Act Review: ‘Sunset’ Clauses To Be Eliminated, CBDT Forms Committee
Income Tax Act, 1961: The purpose is to make the Act concise, lucid, and easy to read and understand. (Representative image) The Income Tax Act, […]
Income Tax Act Review To Wrap Up In 6 Months, Says CBDT Chairman
The Income Tax Act has undergone several amendments over the years to keep pace with changes in the economy, technology, and social conditions. The task […]
IT Dept To Monitor Large Cash Payments At Hotels, Hospitals, Brand Stores; CBDT Asks ‘Non-intrusive’ Approach
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a “non-intrusive” manner, the CBDT […]