Notifications

The Central Board of Direct Taxes notified two return forms, i.e., ITR-1 SAHAJ and ITR-4 SUGAM.

[Good News] ITR-1 and ITR-4 Form for FY 2023-24 notified [Read Notification]

Judgement

The High Court of Kerala has ruled out that  No TCS is to be added to purchase value for the calculation of Motor Vehicle Tax.

No TCS to be Added to purchase value for calculation of Motor Vehicle Tax [Read Order]

News

IT Department conducted a Search and Seizure operation on a group involved in the manufacture and distribution of country liquor, grain-based alcohol etc.

IT Department conducts search operations in Odisha, Jharkhand and West Bengal

The Income Tax Appellate Tribunal (ITAT Mumbai) has given relief to taxpayers in the case where the CA has not updated the Email ID on the income tax portal.

CA not updated Email ID on income tax portal: ITAT gives relief to taxpayer

Polycab India shares fell shortly after news of IT dept is conducting raids at 50 Polycab outlets across India.

Polycab India shares fall after news of Income Tax raids at 50 locations

The Central Board of Direct Taxes (CBDT) has amended the definition of intra-group loans for Safe Harbour via issuing a Notification.

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[Good News] ITR-1 and ITR-4 Form for FY 2023-24 notified [Read Notification]

No TCS to be Added to purchase value for calculation of Motor Vehicle Tax [Read Order]

IT Department conducts search operations in Odisha, Jharkhand and West Bengal

CA not updated Email ID on income tax portal: ITAT gives relief to taxpayer

Polycab India shares fall after news of Income Tax raids at 50 locations

CBDT amends definition of intra-group loans for Safe Harbour [Read Notification]