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The maximum limit for claiming tax benefits under Section 80C stands at Rs 1.5 lakh for the current financial year, 2023-24.

Could not make Investment u/s 80C? Do check these expenses for deduction

Articles

The Income Tax Department has released the User Guide for Submitting Response to Notices under the e-Verification Scheme 2021

Income Tax releases User Guide for Submitting Response to Notices under e-Verification Scheme 2021

DGGI officers discovered that three Agra-based taxpayers were claiming fraudulent Input Tax Credit on raw materials used to manufacture 'Handpumps'.

3 Agra based Taxpayers held for availing Fraudulent GST Refund of 15.27 Cr

Judgement

The AAAR West Bengal has held that No GST Exemption on services of loading/ unloading imported unprocessed TOOR, WHOLE PULSES and BLACK MATPE.

No GST Exemption on services of loading/ unloading imported unprocessed TOOR, WHOLE PULSES and BLACK MATPE  [Read AAAR]

The Hyderabad police arrested a YouTube Lecturer for allegedly defrauding chartered accountants of Rs.2.48 crore by making false claims of huge returns on investments.

YouTube Lecturer who cheated CA for Rs.2.48 Cr now arrested

The misconception that cashless transactions are less traceable by the Income Tax Department has evolved as the number of such transactions has increased.

Be ready for Income Tax Notice if you made these High Value Transactions in Year 2023-24

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Could not make Investment u/s 80C? Do check these expenses for deduction

Income Tax releases User Guide for Submitting Response to Notices under e-Verification Scheme 2021

3 Agra based Taxpayers held for availing Fraudulent GST Refund of 15.27 Cr

No GST Exemption on services of loading/ unloading imported unprocessed TOOR, WHOLE PULSES and BLACK MATPE [Read AAAR]

YouTube Lecturer who cheated CA for Rs.2.48 Cr now arrested

Be ready for Income Tax Notice if you made these High Value Transactions in Year 2023-24