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The deadline for submitting an income tax audit report under Section 44AB of the Income Tax Act of 1961 is September 30, 2024.

Penalty on Failing to Submit Income Tax Audit Report by Deadline

FM proposed a few changes to income tax in the Union Budget 2024. Some of changes are currently effective, while others will be implemented on October 1, 2024.

6 Income Tax Rule Changes introduced in Budget 2024 effective from October 1, 2024

The Income Tax Department has accused Hinduja Global Solutions (HGS) of tax evasion of approximately Rs.2,500 crore, according to a report.

Hinduja Group arm HGS accused for Rs.2500 Crore Tax Evasion

Hinduja Group arm HGS accused of Rs.2500 Crore Tax Evasion

A real estate agent from the Diva area of Thane was taken aback when he received an income tax notice accusing him of doing transactions worth Rs.382 crore.

Rs.382 Crore Tax Notice to Real Estate Agent: Unveils Aadhaar and PAN Misuse Scam Involving Multiple Bank Accounts

In the latest development, many income tax taxpayers now receiving intimation orders with demands from the income tax department in the last 4 to 5 days.

ITRs filed under New Tax Regime get demand notice for taking Section 87A Rebate

Articles

Introduction of the second edition of the Direct Tax Vivad Se Vishwas Scheme 2024 (VSV 2.0) announced by the Finance Ministry w.e.f. 1st October 2024.

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Penalty on Failing to Submit Income Tax Audit Report by Deadline

6 Income Tax Rule Changes introduced in Budget 2024 effective from October 1, 2024

Hinduja Group arm HGS accused of Rs.2500 Crore Tax Evasion

Rs.382 Crore Tax Notice to Real Estate Agent: Unveils Aadhaar and PAN Misuse Scam Involving Multiple Bank Accounts

ITRs filed under New Tax Regime get demand notice for taking Section 87A Rebate

Key Points to Know about Income Tax Amnesty Scheme 2024