Faulty Income Tax Return (ITR) Filing Utility are currently enforcing incorrect income tax liability by not allowing legitimate claim for rebate under section 87A of the Income Tax Act for certain incomes.
The recent changes in the ITR filing utilities have created significant challenges for taxpayers eligible for the section 87A rebate. The Ministry of Finance needs to address this issue promptly to ensure fair and accurate tax assessments and avoid unnecessary disputes.
Addressing glitches in ITD portal, the Association of Tax Lawyers requests an extension for the ITR filing deadline due to significant technical issues.
KSCAA addresses technical issues in the Income Tax Portal, urging CBDT for prompt resolution to ensure smooth filing of returns before the July 31 deadline.
Explore the integrated services of NIC-IRP e-invoice-1 and e-invoice-2 portals, launching on July 18th, 2024. Learn about seamless operations, API functionalities, and contingency benefits.
Learn about the Madras High Court’s landmark ruling quashing an income tax reassessment notice for a medical professional under Section 44ADA. Find out why proper classification of professional services is crucial.
Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for colluding with company’s fraudulent activities.
Multiple Updates of Mobile Number or Email Address in DIN Allowed by MCA by submitting e‑form DIR‑3 KYC on payment of fees of five hundred rupees with effect from 1st August 2024.
AGFTC & ITBA urge Finance Minister to address Income Tax Portal issues, incorrect Section 87A relief interpretation, and extend ITR filing deadline for AY 2024-25.
Discover the adjudication order under Section 203(1) of the Companies Act, 2013. Standard Glass Lining Technology Ltd. penalized for non-appointment of CS. Details of penalty and implications.
