Category: INCOME TAX
Extension of timelines for filing of various reports of audit for the Assessment Year 2024-25: IT Circular No. 10/2024
Extension of timelines for filing of various reports of audit for the Assessment Year 2024-25: Income Tax Circular No. 10/2024 dated 29.09.2024
Circu [...]
Non-applicability of higher rate of TDS/TCS in the event of death of deductee/collectee before linkage of PAN and Aadhaar: IT Circular No. 08/2024
Non-applicability of higher rate of TDS/TCS as per provisions of section 206AA/206CC of the Income-tax Act, 1961, in the event of death of deductee/co [...]
Simplification and Rationalisation of tax deducted at source (TDS) rates: Union Budget 2024-25
Simplification and Rationalisation of tax deducted at source (TDS) rates, Widening and deepening of tax base and anti-avoidance and Tax Administration [...]
Tax Relief and Revised Tax Slabs in New Tax Regime – Union Budget 2024-25
Tax Relief and Revised Tax Slabs in New Tax Regime - Union Budget 2024-25 - Changes in Income Tax Slab under New Tax Regime, Increase in Standard Dedu [...]
Income Tax Day 2024: A Journey of Transformation – Budget 2024-25 Introduces Enhanced Deductions and Revised Tax Slabs
Income Tax Day 2024: A Journey of Transformation - Budget 2024-25 Introduces Enhanced Deductions and Revised Tax Slabs
Ministry of Finance
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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/ [...]