Category: INCOME TAX
Old Pension Scheme, 8th Pay Commission, Restoration of Commutation of Pension, Income Tax Exemption to Pensioners and other important issues: JCM writes to FM for consideration in Budget 2024-2025
Old Pension Scheme, 8th Pay Commission, Restoration of Commutation of Pension, Income Tax Exemption to Pensioners and other important issues: JCM writ [...]
Income Tax Exemption on Allowances available to Armed Forces
Income Tax Exemption on Allowances available to armed forces u/s Section 10(14) r.w.r. 2BB
Allowances available to armed forces [Section 10(14) r.w.r [...]
New Tax Regime as Default for A.Y. 2024-25 – Official Income Tax Regime & Tax Calculator
New Tax Regime as Default for A.Y. 2024-25 - Official Income Tax Regime & Tax Calculator : Guidelines for Individuals, HUFs, AOPs, BOIs, and Artif [...]
Understanding Income Tax Notices: A Detailed Overview
Understanding Income Tax Notices: A Detailed Overview
An income tax notice is a formal communication issued by tax authorities to taxpayers, whether [...]
Benefits for Senior Citizens and Super Senior Citizens under Income Tax Act, 1961: MoD (Army) HQ Order
Benefits for Senior Citizens and Super Senior Citizens under Income Tax Act, 1961: MoD (Army) HQ Order for awareness of veterarns/ dependents
C/7099/ [...]
Sr. Citizen Savings Scheme holders complain about April 2024 TDS deductions and direction by Deptt. of Posts
Sr. Citizen Savings Scheme Account Holders complaints raised regarding deduction of TDS in the month of April 2024 - Direction for refund the same by [...]
Guidelines for compulsory selection of returns of Income Tax for Complete Scrutiny during the Financial Year 2024-25 — Procedure: CBDT
Guidelines for compulsory selection of returns of Income Tax for Complete Scrutiny during the Financial Year 2024-25 — procedure for compulsory select [...]
Clarification regarding admissibility of interest on GPF subscription over and above the threshold limit of Rupees Five lakhs deducted towards GPF: DoPPW OM dated 02.05.2024
Clarification regarding admissibility of interest on GPF subscription over and above the threshold limit of Rupees Five lakhs deducted towards GPF: Do [...]
Consequences of PAN becoming inoperative as per rule 114AAA of IT Rules, 1962 – Partial Modification: Circular No. 06/2024
Consequences of PAN becoming inoperative as per rule 114AAA of the Income-tax Rules, 1962 - Partial Modification of Circular No. 3 of 2023 dt 28.03.20 [...]
Income-tax (Fifth Amendment) Rules, 2024 for FORM ITR-V Income Tax Verification and Acknowledgement Form
Income-tax (Fifth Amendment) Rules, 2024 for FORM ITR-V Income Tax Verification and Acknowledgement Form: IT Notification No. 37/2024 dated 27.03.2024 [...]