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Income Tax Department has released FAQs on TCS on Luxury Goods

Income Tax releases FAQs on TCS on Luxury Goods: Know the change

Notifications

As proposed by Finance Bill (2) 2024, CBDT has now notified disallowance of expense incurred in relation to contravention of SEBI, Competition, Depositories and SCRA Acts.

CBDT notifies disallowance of expense incurred in relation to contravention of SEBI, Competition, Depositories and SCRA Acts

Articles

Indian tax authorities have issued Rs. 1,500 crore in notices to airlines and lessors, alleging misuse of Ireland-based leasing setups to avoid taxes.

Indian Airlines, Leasing Companies Received Tax Notices Rs. 1,500 Crore in Total for FYs 2021–22, 2022–23 Over Ireland Leases

TCS Return Form 27EQ has been amended to add new list of Luxury Goods notified today by CBDT

TCS Return Form 27EQ amended to add new list of Luxury Goods [Read Notification]

Central Government has notified list of goods where value of more than Rs. 10L will attract TCS

TCS on Luxury Goods: Government notifies goods of value > 10L for TCS

The Central Board of Direct Taxes has notified National Mission for Clean Ganga for Income Tax Exemption u/s 10(46A)

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Income Tax releases FAQs on TCS on Luxury Goods: Know the change

CBDT notifies disallowance of expense incurred in relation to contravention of SEBI, Competition, Depositories and SCRA Acts

Indian Airlines, Leasing Companies Received Tax Notices Rs. 1,500 Crore in Total for FYs 2021–22, 2022–23 Over Ireland Leases

TCS Return Form 27EQ amended to add new list of Luxury Goods [Read Notification]

TCS on Luxury Goods: Government notifies goods of value > 10L for TCS

CBDT notifies National Mission for Clean Ganga for Income Tax Exemption [Read Notification]