News

Income tax authorities discovered documents revealing fake invoicing and booking of expenditure worth Rs 1,000 crore by chosen clientele of these cooperative banks.

Income Tax finds Rs.1000 crore Bogus Billing cases by Karnataka Banks

Notifications

Finance ministry has exempted CBSE from paying income tax on earnings from examination fees, the sale of text books, and publications, among other things.

CBSE exempts from paying Income Tax w.e.f. FY 21 till FY 25 by Finance Ministry

CBSE exempted from paying Income Tax w.e.f. FY 21 till FY 25 by Finance Ministry

Articles

First, we should decide which Income Tax Return (ITR) Form we should file based on our Income. Then we can use this checklist.

ITR Filing Checklist for AY 2023-24

The Income Tax Department began a Search and Seizure operation against several Cooperative Banks in the state of Karnataka on March 31, 2023.

Income Tax Department Search and Seizure Operation in Karnataka

The cost Inflation Index of 348 for FY 2023-24 is provisional & the final number shall be notified in due course.

Cost Inflation Index of 348 provisional, final number to be notified soon: Clarifies CBDT

Standard Deduction for Salaried Taxpayer of Rs. 50000 is continued for Old Tax Regime and the same has been introduced in New Tax Regime

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Income Tax finds Rs.1000 crore Bogus Billing cases by Karnataka Banks

CBSE exempted from paying Income Tax w.e.f. FY 21 till FY 25 by Finance Ministry

ITR Filing Checklist for AY 2023-24

Income Tax Department Search and Seizure Operation in Karnataka

Cost Inflation Index of 348 provisional, final number to be notified soon: Clarifies CBDT

Brief comparison between New Tax Regime and Old Tax Regime; FY 2023-24 | AY 2024-25