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Receive a reminder from CPC (TDS) to file your TDS Statement 26Q for Quarter 4, F.Y. 2023-24. Understand implications of non-compliance and steps to take as per CBDT Circulars and Income Tax Act provisions....

Discover essential updates on the e-filing portal for ITR 2024-25, including changes in forms, bank validation, refund status, statutory forms, and common issues....

Learn who can file ITR-7, how to file it, required information, and mandatory schedules. Detailed guide for assessees under various sections....

Explore the Malad Chamber of Tax Consultants' 2024 Pre-Budget Memorandum proposing crucial amendments to the Income Tax Act, 1961, aimed at reducing litigation and boosting the economy....

Gross Direct Tax collections for FY 2024-25 grow by 22.19%. Net Direct Tax collections up 20.99%. Advance Tax collections hit Rs. 1,48,823 crore (+27.34%). Refunds: Rs. 53,322 crore....

Explore comprehensive suggestions for Union Budget 2024-25 in direct tax domain, addressing key reforms and their potential impact on taxpayers and businesses....

Read CAASs recommendations for fair tax audit allocation, ensuring auditor independence and quality. They suggested automated allotment and fee structuring under ICAI....

Discover how proposed amendment in Section 43B of Income Tax Act, 1961, affects MSMEs. Learn about potential challenges and suggested modifications....

CBDT, has introduced a new feature in Annual Information Statement (AIS) accessible via compliance portal on Income Tax Department's e-filing website....

Learn how to prepare Inventory Valuation Reports under Section 142(2A) of the Income Tax Act, 1961 with our comprehensive Guidance Note. Get insights on legal provisions, standards, and FAQs....