News

In the latest development, many income tax taxpayers now receiving intimation orders with demands from the income tax department in the last 4 to 5 days.

ITRs filed under New Tax Regime get demand notice for taking Section 87A Rebate

Articles

Introduction of the second edition of the Direct Tax Vivad Se Vishwas Scheme 2024 (VSV 2.0) announced by the Finance Ministry w.e.f. 1st October 2024.

Key Points to Know about Income Tax Amnesty Scheme 2024

MNCs that use various outfits in India or hire individuals to promote, operate and build their businesses in India would be required to pay taxes on such setups.

Non-profitable MNCs obligated to pay Tax on India Setup

Notifications

The Central Board of Direct Taxes (CBDT) has notified Direct Tax Vivad se Vishwas Rules 2024 via issuing a Notification.

CBDT notifies Direct Tax Vivad se Vishwas Rules 2024

The Public Sector Indian Overseas Bank announced that it had received an income tax refund of Rs.123.87 crore from the Income Tax Department under Section 250 of IT Act 1961.

Indian Overseas Bank receives Income Tax Refund of Rs.123.87 Crore

In a significant update, the income tax department is currently issuing various tax demands to taxpayers after processing their income tax returns.

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ITRs filed under New Tax Regime get demand notice for taking Section 87A Rebate

Key Points to Know about Income Tax Amnesty Scheme 2024

Non-profitable MNCs obligated to pay Tax on India Setup

CBDT notifies Direct Tax Vivad se Vishwas Rules 2024

Indian Overseas Bank receives Income Tax Refund of Rs.123.87 Crore

Income Tax Demand: Capital Gain Income ITR being processed without Section 87A Rebate