Articles

Economy is still recovering from COVID crisis, but simplifying LTCG may and should be addressed. As simplifying LTCG Tax litigation may provide more tax exemption in hand of Taxpayer.

Budget 2023: Govt needs to consider simplifying LTCG Tax to claim Tax Exemption on LTCG under Section 54F

News

ED investigation discovered that a mid-level IT employee was able to gain access to his superiors' computers and fabricate phoney tax deducted at source refunds.

IT Employee uses Seniors' login credentials; Siphons off Rs.263 crore on fake TDS Deduction

The Income Tax Department has enabled functionality for filing of rectification request in respect of orders passed by CsIT (Appeals).

IT Dept. enabled functionality for filing of rectification request in respect of orders passed by CsIT (Appeals)

Under Section 10(14) of the Income Tax Act, the government permits taxpayers to claim a tax deduction for tuition fee as a Children's Educational Allowance.

Budget 2023: Will Govt. increase Income Tax Deduction Limit on Tuition Fees from Rs.200?

The middle class anticipates an increase in several tax exemption limitations accessible under various sections such as Section 80C, Section 80D, Section 87A, and so on.

Budget 2023: 5 Income Tax relief measures a middle class can expect from Upcoming Budget

The CBI has charged 31 workers from the Indian Navy, Kerala Police and private enterprises for filing false income tax refund claims in FY 2016-17 while working in Kannur.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Budget 2023: Govt needs to consider simplifying LTCG Tax to claim Tax Exemption on LTCG under Section 54F

IT Employee uses Seniors' login credentials; Siphons off Rs.263 crore on fake TDS Deduction

IT Dept. enabled functionality for filing of rectification request in respect of orders passed by CsIT (Appeals)

Budget 2023: Will Govt. increase Income Tax Deduction Limit on Tuition Fees from Rs.200?

Budget 2023: 5 Income Tax relief measures a middle class can expect from Upcoming Budget

CBI registers case against Kerala's 31 personnel for Bogus IT Refund