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The Finance Ministry has announced the introduction of the second edition of the Direct Tax Vivad Se Vishwas Scheme 2024 (VSV 2.0), which will take effect on October 1, 2024.

Direct Tax Vivad Se Vishwas Scheme 2024 going to Launch on October 1, 2024

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The Income Tax Department is now updating the Annual Information Statement (AIS) /Taxpayer Information Summary (TIS) for the financial year 2023-24.

IT Department intimates updation of AIS/TIS for FY 23-24

The Revenue Department of the Finance Ministry is looking to expedite the review of the Income-Tax Act of 1961, with the goal of completing it by January.

Review of Income Tax Act Put On Fast-Track Due to January Deadline

Net direct tax collection after refunds has increased by 16% this financial year to Rs.9.95 trillion, owing to strong growth in taxes on personal and corporate incomes.

Net Direct Tax Collection increases 16% annually to Rs.9.95 Trillion till September 17

In a major win for Noida Toll Bridge Company Limited (NTBCL), the Income Tax Appellate Tribunal overturned a large tax demand of almost Rs.21,000 crore.

Massive Tax Relief of Rs.21,000 Crore to DND flyover operator Noida Toll Bridge Company

The Management Representation Letter is a letter signed by top management and addressed to a central entity's external auditor.

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Direct Tax Vivad Se Vishwas Scheme 2024 going to Launch on October 1, 2024

IT Department intimates updation of AIS/TIS for FY 23-24

Review of Income Tax Act Put On Fast-Track Due to January Deadline

Net Direct Tax Collection increases 16% annually to Rs.9.95 Trillion till September 17

Massive Tax Relief of Rs.21,000 Crore to DND flyover operator Noida Toll Bridge Company

Illustrative Management Representation Letter (MRL) for Tax Audi 2023-24