Learn about Income Tax Returns (ITR) forms for different taxpayers, filing methods, and requirements. Includes details on ITR-1, ITR-2, ITR-3, and more.
Learn what constitutes salary, allowances, and perquisites under the Income-tax Act. Includes details on taxability of pensions, benefits, and standard deductions.
Patna HC dismissed a writ petition challenging GST registration cancellation due to delayed appeal filing and non-utilization of Amnesty Scheme.
Andhra Pradesh HC sets aside an assessment order due to the absence of mandatory Document Identification Number (DIN) in the communication.
Learn about Tax Deducted at Source (TDS), its purpose, applicable payments, and the rates for various categories including resident and non-resident payments.
Explore conflicting rulings on whether bonafide mistakes in disclosing foreign assets under the Black Money Act can avoid penalties under Section 43.
From October 1, 2024, certain Indians must obtain a tax clearance certificate before traveling abroad to ensure all tax obligations are met.
MCA orders penalty for Nimverge Tech India Pvt Ltd’s late declaration under Section 89(2) of Companies Act. Total penalty: ₹1,08,000. Details inside.
Budget 2024 brings significant changes to capital gains tax with new rates, holding periods, and amendments to key sections. Effective dates start October 2024.
The government has established State Benches for the GST Appellate Tribunal under Section 109 of the CGST Act, effective from 1st September 2023.
