Doctors and Social Media Influencers to pay 10% TDS on Freebies from July 1 The Union Budget 2022 introduced newer provisions to avoid tax leakage from the system. Central Board of Direct Taxes...
ITAT rules on additional income declared under modified return It relied on the decision of the Karnataka High Court in a previous case The Delhi bench of the Income Tax Appellate Tribunal...
CBDT clarifies on PAN-Aadhar link It is imperative to connect the two numbers for smooth operations The Central Board of Direct Taxes (CBDT) has clarified that before 31 March 2023 the...
CBDT announces new Income Tax and TDS rules The circular explains all the provisions under varied segments for 2021-2022 The Central Board of Direct Taxes (CBDT) has released a circular...
Supreme Court rules against pharma firms gifting freebies to doctors It is punishable under the Indian Medical Council Act The Supreme Court has held that pharmaceutical companies gifting...
ITAT rules against CBDT circular The foreign company had claimed the benefit of a lower tax rate under the India-Portugal agreement The Income Tax Appellate Tribunal (ITAT), Pune has held that...
Filing physical tax audit reports impractical: CBDT tells High Court Chartered accountants have highlighted the difficulties faced due to the technical glitches in the IT e-filing portal The...
CBDT requested for waiving of the penalty The Institute of Chartered Accountants of India has asked for consideration under the Income Tax Act, 1961 The Institute of Chartered Accountants of...
Central Board of Direct Taxes to extend the date of filing ITR? The government's new portal has been facing technical issues The Income Tax Department (ITD) of the Central Board of Direct Taxes...
CBDT issues instructions for uploading information on VRU functionality It relates to the insight portal for implementation of risk management strategy for issuance of notice The Central Board...
CBDT informs E-Verification Scheme, 2021, Collection of Information of Assesse by Assessing Officer The Central Board of Direct Taxes (CBDT) updates the e-Verification Scheme, 2021 for the...
CBDT notifies Income-Tax rules for non-residents The income would be exempted subject to fulfillment of conditions The Central Board of Direct Taxes (CBDT) has notified conditions for the...
