Income Tax - Explore the impact of Indias budget evolution in 2024, focusing on economic growth, reducing disparity, and strategic resource allocation. Key highlights revealed!...
Income Tax - Unlock the latest Income Tax Act changes for FY 24-25 with our guide on slab rates, business income, trust taxation, TDS/TCS, and international tax strategies....
Income Tax - Understand the proposed changes in Input Service Distributor (ISD) provisions post-Finance Act, 2024. Dive into altered definitions and new distribution procedures for enhanced compliance....
Income Tax - Explore key amendments in Finance Act 2024, covering tax rates, deductions, faceless schemes, and TCS. Understand changes for informed financial decisions....
Income Tax - Understand the changes in ISD and Cross Charge post-Budget 2024. Navigate through the implications, amendments, and compliance considerations for businesses....
Income Tax - Interim Budget Session 2024 sees high productivity with 12 Bills passed, Lok Sabha and Rajya Sabha exceeding performance targets....
Income Tax - Explore the key highlights of Finance Bill 2024, covering tax rate updates, deduction amendments, faceless scheme implementation, and changes in TCS regulations....
Income Tax - Explore the key highlights of the Interim Union Budget 2024-25, focusing on economic growth, social initiatives, and fiscal policies for a developed India by 2047....
Income Tax - Explore the key highlights of Budget 2024, featuring tax rate continuity, withdrawal of outstanding direct tax demands, significant achievements in direct and indirect tax collections, and a promising economic outlook...
Income Tax - Explore the key highlights of the Finance Minister direct tax proposals, including unchanged tax rates, withdrawal of outstanding demands, and extended benefits for Start-Ups and investments, with insights into the economy's transformation....
V. Venkata Siva Kumar Vs The Union of India (Madras High Court) - A petition has been filed in the Madras High Court challenging the section 271J of the Income Tax Act inserted vide Finance Act 2017. Madras High Court has admitted the plea and issued notice to Finance Ministry.Section 271J of Income Tax imposed a penalty of Rs. 10,000 on Chartered Accountants fo...
ACIT Vs. M/s Vimlesh Industries Pvt. Ltd. (ITAT Delhi) - U/s 250(4), the CIT (A) has the power to direct enquiry and call for evidence from the assessee. Under Rule 46A, the assessee has the right to ask for the admission of additional evidence. If the CIT (A) exercises his powers u/s 250(4) to call for additional evidence, the AO need not be given an opp...
Act No. 8 of 2024 - (15/02/2024) - On February 15, 2024, President Droupadi Murmu granted his assent to the Finance Act 2024 (Budget 2024), officially bringing the government’s budgetary proposals for the financial year 2024-25 into effect. This act, passed by both houses of Parliament, outlines the government’s plans for...
F. No. 375/02/2023- IT-Budget - (13/02/2024) - Explore the details of F. No. 375/02/2023 - IT-Budget by the Ministry of Finance. Learn about the remission of outstanding tax demands and its implications under the Union Budget 2024-...
Public Notice- 07/2024 - (01/02/2024) - Explore the impact of Budget 2024-25 updates by the Office of the Pr. Commissioner of Customs. Learn about changes, timelines, and advice for importers and customs brokers....
Bill No. 14 of 2024 - (01/02/2024) - The Finance Bill, 2024, also known as Bill No. 14 of 2024, is a legislative proposal introduced in the Lok Sabha, the lower house of the Parliament of India. The bill was introduced on the 1st of February, 2024. The Finance Bill is a crucial part of the Union Budget, as it lays out the government...
Advisory No. 01/2024 - (16/01/2024) - Stay informed about the Union Budget 2024-25 changes in ICES. Learn how the Directorate General of Systems manages updates and their impact on customs procedures....
Act No. 8 of 2024 - 15/02/2024
F. No. 375/02/2023- IT-Budget - 13/02/2024