News

Income Tax Department' s Unit from Lucknow conducted searches in five states on the factories and premises of BSP MP from Saharanpur, Haji Fazlur Rehman.

Tax Evasion of more than Rs 1,000 crore: IT Dept. Raids on 20 Properties; Know Details

Circulars

CBDT has issued clarification for purposes of clause (c) of Section 269ST of IT Act 1961 in respect of dealership contract in case of Co-operative Societies.

CBDT issued Clarification for purpose of Section 269ST of Income Tax

The government is planning to raise the income tax exemption limit from Rs 2.5 lakh to Rs 5 lakh in the upcoming Budget for 2023-24.

Budget 2023: Income Tax Exemption Limit may raise to Rs.5 Lakh by Govt. in Upcoming Budget

Budget 2023: Income Tax Exemption Limit may raise to Rs. 5 Lakh by Govt. in Upcoming Budget

Judgement

ITAT affirms method given in ICAI guidance note for calculation of F&O Turnover

Agricultural income estimated by assesse has to be accepted by Income Tax in absence of contrary evidence: ITAT

As Union Budget 2023 is around the corner, most of taxpayers are demanding an increase in slab limit and an increase in Section 80C Deduction Limit.

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Tax Evasion of more than Rs 1,000 crore: IT Dept. Raids on 20 Properties; Know Details

CBDT issued Clarification for purpose of Section 269ST of Income Tax

Budget 2023: Income Tax Exemption Limit may raise to Rs. 5 Lakh by Govt. in Upcoming Budget

ITAT affirms method given in ICAI guidance note for calculation of F&O Turnover

Agricultural income estimated by assesse has to be accepted by Income Tax in absence of contrary evidence: ITAT

Budget 2023: Will there be any Tax Slab Change in Upcoming Budget? Getting signals