News

The Income Tax Department has introduced a user-friendly income tax calculator for taxpayers for the Financial Year 2023-24 (Assessment Year 2024-25).

IT Department launches User Friendly Income Tax Calculator for AY 2024-25

Judgement

The ITAT ordered that an income tax penalty proceeding u/s 271E cannot be initiated while completing assessment proceedings.

Income Tax Penalty proceeding u/s 271E cannot be initiated while completing assessment proceedings

Articles

The Minister of State stated that there are 13,992,339 indirect tax filers and 13,82,013 income tax filers.

13,992,339 Indirect Tax Filers and 13,82,013 Income Tax Filers in FY 2022-23

The government has requested that the Registrar of Cooperative Societies conduct an audit of all the finances and assets of the state's 19,000 cooperative societies.

Govt. of Punjab orders Audit of 19000 Cooperative Societies across State

Notifications

CBDT has notified Godavari River Management Board for Income Tax Exemption under Section 10(46) of IT Act via issuing Notification.

CBDT notified Godavari River Management Board for Income Tax Exemption under IT Act

Inspired by the 2013 film 'Special 26,' eight persons acting as income tax authorities recently raided the home of an imitation jewellery businessman in Sion and seized Rs.18 lakh.

Explore Our Blogs

IT Department launches User Friendly Income Tax Calculator for AY 2024-25

Income Tax Penalty proceeding u/s 271E cannot be initiated while completing assessment proceedings

13,992,339 Indirect Tax Filers and 13,82,013 Income Tax Filers in FY 2022-23

Govt. of Punjab orders Audit of 19000 Cooperative Societies across State

CBDT notified Godavari River Management Board for Income Tax Exemption under IT Act

8 Fake Income Tax Officers held for robbing Mumbai Jewellery Businessman of Rs.18 Lakh in bold Raid