News

Organisations can now file Form 10AB on the official e-filing website for Section 12A, which is required to claim tax exemption.

Income Tax Form 10AB For Condonation Request for Section 12A Now Available on E-Filing Portal

The Lok Sabha Committee is reviewing the proposed Income-Tax Bill, 2025, to simplify tax laws and modernise India’s income tax system.

The Income Tax allows individuals to switch the tax regime at the time of ITR filing.

KIMS Foundation, Hyderabad, has been approved for tax benefits under Section 35 of the Income Tax Act for scientific research

CBDT notifies zero coupon bond by HUDCO for purpose of clause (48) of section 2 of Income Tax Act

Tribunal rules that no income tax is payable under Section 56(2)(x) when a new flat is received in exchange for an old one during redevelopment.