Explore Income Tax systems, from Form 26AS and AIS for tax data to CPC-ITR and faceless assessments ensuring transparency and efficiency in tax compliance.
As the AO had not allowed certain credits of advance tax, TDS and also interest on excess payment of self-assessment tax, assessee filed an appeal before CIT(A) who issued necessary directions to the AO.
The Supreme Court stresses careful scrutiny in dowry harassment cases to prevent legal misuse, ruling in favor of quashing baseless allegations in a recent judgment.
CPC (TDS) reminds deductors to file TDS Statement 26Q for Q2 FY 2024-25. Late/non-filing may attract fees and affect TDS credit for deductees.
Learn the mandatory details for a tax invoice under Rule 46 of CGST, including GSTIN, invoice number, HSN/SAC codes, tax rates, and compliance penalties.
Learn how to achieve tax-free rental income of ₹20,00,000 by leveraging deductions under Section 24 of the Income Tax Act, 1961, and understanding the latest provisions from the Union Budget 2025.
Union Cabinet has approved the new Income Tax Bill 2025, aiming to simplify and modernize India’s tax system by replacing the 1961 Act.
Request tax order implementation with Income Tax e-Filing portal’s new feature. Raise Request for Order Giving Effect online to resolve pending matters faster!
