Explore the latest GST updates this Diwali, including amnesty schemes, new provisions, and compliance measures to help taxpayers celebrate responsibly.
Patna High Court rules on TDS application under Section 197, stating pending tax demand does not justify summary rejection by Assessing Officer.
Learn about the latest TDS rate changes under the Union Budget 2024, their impact on taxpayers, and the importance of timely advance tax payments to avoid penalties.
Learn about Form 12BAA, introduced for employers to credit TCS for employees, ensuring accurate TDS calculation and easing tax compliance.
The CBDT extends the Income Tax Return due date for AY 2024-25 to November 15, 2024, as per Circular No. 13/2024 issued on October 26, 2024.
Explore the functions of ITAT and the procedures for filing Special Leave Petitions in India, covering essential requirements and timelines.
AGFTC and ITBA urge the issuance of standardized guidelines for GST adjudication to enhance clarity, reduce litigation, and ensure fair, efficient tax administration.
Kerala HC rules in Haries Muhammed case that GST authorities must issue separate orders for each financial year despite consolidated show cause notices.
CBDT simplifies compounding procedures under the Income-tax Act, 1961 by reducing charges, removing limits, and easing filing requirements for taxpayers.
SEBI clarifies that ICMAI members are exempt from IA registration when providing incidental investment advice, not as a primary business activity.