Income Tax : The Income-tax portal now allows digital filing of condonation requests for delayed trust forms. The key takeaway is that while th...
Income Tax : Read a detailed proposal to the Finance Minister outlining a multi-vendor model to solve persistent ITR portal glitches, reduce si...
Income Tax : Despite India's tech ambitions, the Income Tax Department's portal struggles with stability, hindering tax compliance and frustrat...
Income Tax : Learn how to report tax regime changes in ITR-3 for AY 2025–26 using Form 10-IEA. Includes rules, filing steps, and common taxpa...
Income Tax : Learn how to register as a Representative Assessee on the Income Tax e-Filing portal to fulfill tax obligations for others, includ...
Income Tax : Income Tax Department has introduced a new feature in the e-filing portal that shows when an Assessing Officer or CIT(A) views a t...
Income Tax : The Gujarat High Court is hearing a petition from the Chartered Accountants Association regarding persistent glitches on the new I...
Income Tax : KSCAA highlights critical issues on India’s Income Tax Portal, impacting timely filings for returns and TDS with glitches, timeo...
Income Tax : Explore the Lok Sabha query on technical glitches in the IT portal and TRACES. Learn about processing delays, PAN-Aadhaar issues, ...
CA, CS, CMA : KSCAA addresses glitches in the Income Tax portal, highlighting challenges faced by taxpayers and professionals, in a representati...
Income Tax : In case of S. Subramanian & Co Vs ITO, Madras High Court directs Assessing Officer (AO) to pass a fresh order as notices sent to p...
Income Tax : Read the detailed analysis of Maheshwar Niketan Co-operative Housing Society Limited vs. ITO case. ITAT Mumbai grants relief for C...
Income Tax : Southern Gujarat Income Tax Bar Association Vs Union of India (Gujarat High Court) In today’s hearing through Video Conference, ...
Income Tax : Tax Bar Association Vs Union of India (Rajasthan High Court, Jodhpur) This public interest petition has been filed by the Tax Bar ...
Income Tax : We request the authority concerned to take a practical view of the problems which the assessees are facing as on date on account o...
Income Tax : On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing of Audit reports for AY 2021-22...
Income Tax : The Income Tax Department is going to launch its new E-filing portal www.incometax.gov.in on June 7th, 2021. In preparation for th...
Income Tax : PRESS RELEASE NO. DSM/BY/KP-163/10 Central Board of Direct Taxes (CBDT) that the process for renewal of the security certificate ...
Company Law : he Central Government, for the purpose of making all transactions faster, improving service delivery and making Office of the Regi...
Company Law : In exercise of the powers conferred by sub-section (2) of Selection 4A of the Companies Act, 1956(1 to 1956), the Central Governme...
FAQs on pre-validate bank account on Income Tax Website Q.1 Why do I need to pre-validate my bank account(s)? Ans. Only a pre-validated bank account can be nominated to receive Income Tax refund. Further, a pre-validated bank account may also be used by the individual taxpayer for enabling EVC (electronic verification code) for e-Verification purpose. […]
FAQs on Income Tax Electronic Verification code (EVC) Q.1 What is EVC? Ans. Ans. An Electronic Verification code (EVC) is a 10-digit alphanumeric code which is sent on your registered mobile to verify an item electronically, login to the e-Filing portal or used to reset password. You can use the EVC to verify an item […]
FAQs on Dashboard and Worklist (DSIR) Q.1 On being registered on the e-Filing portal as DSIR, where can I check if the assessees’ Form 3CL-Part A has been filed? Ans: You can check these details by accessing your e-Filing Dashboard > List of In-House R&D Facility Approved. The PANs and names of assessees are listed, […]
How to Raise a Service Requests on New Income Tax Website – FAQs Q.1 What is refund reissue request? Ans. If you have received an intimation from Income Tax Department or Refund Banker (SBI) that the processing of refund has failed, you can submit a Refund Reissue Request on the e-Filing portal. With refund reissue […]
FAQs on How to Authorize / Register as Representative on Income Tax Website Q.1 When can I authorize someone on my behalf for the purpose of verification of ITR / Forms / Service Requests? And who can be authorized on my behalf? Ans: If you (the assessee) are not able to attend to your Income […]
How to Upload Form BB (Wealth Tax Returns)- FAQs Q.1 What is Form BB used for? Ans. Form BB is used for filing Wealth Tax Returns which can be done online. Individuals, HUFs and Companies whose net wealth exceeds a specified taxable limit (as per the Wealth Tax Act for that particular AY) must file […]
How to file Income Tax Form 10-ID under Section 115BAB – FAQs Q.1 What is Form 10-ID? Ans. New Manufacturing Domestic Companies can opt to pay tax at a concessional tax rate of 15% (plus applicable surcharge and cess) under Section 115BAB of the Income Tax Act, 1961 subject to certain conditions. In order to […]
Dashboard and Worklist (Taxpayer) on Income Tax Website- FAQs Q.1 I am a salaried employee registered with e-Filing. Where do I access all my tax-related information on the e-Filing portal? Ans. You can access all your tax-related information and to-do items on your e-Filing Dashboard. The Dashboard contains links to important services that you would […]
FAQs on How to update My Profile on Income Tax Website Q.1 How will I know if my profile has been updated on the e-Filing portal? Ans. If any information is updated on your profile, you will receive an email on the primary email ID registered with the e-Filing portal. Q.2 I am an NRI […]
FAQs on How to Add Prescribed Payment Modes on Income Tax Website Q. 1 Why do I need to provide details of my payment modes? Ans. As per section 269SU of the Income Tax Act, 1961, every person, carrying on business, shall provide facility for accepting payment through prescribed electronic modes, in addition to the […]
