Articles

Budget 2025 raised the limit of income with zero tax income liability (after rebate) from Rs. 7 lakh to Rs. 12 lakh under the new tax regime

Can You Skip Filing ITR If Your Earnings Are Under Rs. 12 Lakh?

New Bill 2025 has proposed that a person who does not file an ITR after a search operation will not be prosecuted under clause 480 without the authority of higher tax authorities.

New Income Tax Bill 2025: Section 276CCC Decriminalized!

The New income tax bill announced the concept of the tax year, which is going to change the terms such as assessment year (AY) and previous year, which is a little complicated for taxpayers

Income Tax Bill 2025: 5 Major Changes Every Taxpayer Need to Know

Most experts have pointed out that the new income tax bill, which is to come into effect from FY 2026-27, says that taxpayers who fail to meet the deadline

New Income Tax Bill: No Refunds for Late ITR Filed After Due Date

Circulars

The Central Board of Direct Taxes (CBDT) has notified the extension of the due date for filing Form No.56F under the Income Tax Act of 1961.

CBDT notifies Extension of Due Date for Filing of Form 56F [Read Circular]

News

The Income Tax Department discovered a staggering Rs.22,000 crore of undeclared foreign income and assets as part of a special campaign to combat tax evasion.

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Can You Skip Filing ITR If Your Earnings Are Under Rs. 12 Lakh?

New Income Tax Bill 2025: Section 276CCC Decriminalized!

Income Tax Bill 2025: 5 Major Changes Every Taxpayer Need to Know

New Income Tax Bill: No Refunds for Late ITR Filed After Due Date

CBDT notifies Extension of Due Date for Filing of Form 56F [Read Circular]

IT Department Uncovers Rs.22,000 Crore Undeclared Foreign Income and Assets via Special Drive