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GCCI has urged the Finance Ministry to provide clarification and expedite the resolution of the erroneous processing and facilitate the smooth filing of ITR by Goan taxpayers as soon as possible.

Technical Issues in Income Tax Returns Processing has put Taxpayers in Trouble

More than 9.54 lakh taxpayers with incomes of Rs.1 crore or more submitted income tax returns by October 31, according to data from the Income Tax portal.

Tax Return: More than 9.54 Lakh Crorepati Taxpayers filed ITR until October 31

India is taking a cautious approach to implementing the OECD-led Pillar 2 tax regime, which requires a 15% minimum corporate tax rate for MNEs with global revenues of more than €750 million.

Government may be deferred Pillar-2 Tax Rules citing Limited Gain

The Vivad se Vishwas Scheme 2.0 of the Income Tax Department was launched in early October. The scheme allows taxpayers to save money while settling disputes.

Income Tax Vivad Se Vishwas Scheme 2.0 comes into Effect; Know all about it

Notifications

CBDT has notified the electronic submission of certain forms listed in Appendix-II of the Income Tax Rules, 1962, via issuing Notification.

CBDT Notifies Specified Forms to be Furnish Electronically under Rule 131 for Income Tax Compliance

Many wealthy Indians with allegedly 'undeclared' properties in Dubai have recently received notices from the tax authorities.

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Technical Issues in Income Tax Returns Processing has put Taxpayers in Trouble

Tax Return: More than 9.54 Lakh Crorepati Taxpayers filed ITR until October 31

Government may be deferred Pillar-2 Tax Rules citing Limited Gain

Income Tax Vivad Se Vishwas Scheme 2.0 comes into Effect; Know all about it

CBDT Notifies Specified Forms to be Furnish Electronically under Rule 131 for Income Tax Compliance

Taxman issued Tax Notice to Indians over Undisclosed Dubai Properties