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Tag: INCOME TAX DEPARTMENT

CBDT) has extended the tax relief to Taxpayers
Posted inINCOME TAX

Central Board of Direct Taxes (CBDT) has extended the tax relief to Taxpayers

by TaxConcept July 19, 2024July 19, 2024
income tax notice reply
Posted inINCOME TAX

What happens if I don’t respond to the notice within 30 days? Penalties under the Income Tax Act

by TaxConcept July 19, 2024July 19, 2024
Income tax
Posted inINCOME TAX

Calcutta University Fined ₹73 Crore by Income Tax Department for Failing to File Income-Tax Returns

by TaxConcept July 18, 2024July 18, 2024
taxv saving
Posted inINCOME TAX

Public Exchequer’s Burden: Income Tax Privileges for Chief Ministers and Cabinet Ministers

by TaxConcept July 18, 2024July 18, 2024
Posted inINCOME TAX

बड़ी खबर: आयकर पोर्टल अपडेशन से धारा 87 ए की छूट मिलना बंद हुई

by TaxConcept July 18, 2024
income tax return filing due date extended
Posted inINCOME TAX

ITR Due Date Extension AY 2024-25

by TaxConcept July 17, 2024July 17, 2024
Income Tax Notice for Salaried Employees
Posted inINCOME TAX

Income Tax Notice for Salaried Employees

by TaxConcept July 17, 2024July 17, 2024
Posted inINCOME TAX

Representations Made to Address Persistent Glitches in Income Tax Portal

by TaxConcept July 17, 2024July 17, 2024
Posted inINCOME TAX

Errors in Income Tax Utility: Unfair Restrictions on Section 87A Rebate

by TaxConcept July 15, 2024July 15, 2024
Income tax return due date extension
Posted inINCOME TAX

Deadline Extension Alert! Income Tax Portal Technical Glitches Urgent Action Needed | ICAI Submission

by TaxConcept July 13, 2024July 13, 2024
Posted inINCOME TAX

Income Tax Department has started sending notice to taxpayers via SMS & emails

by TaxConcept July 13, 2024July 13, 2024
Taxpayers Express Frustration Over Income Tax Return Filing
Posted inINCOME TAX

E-Filing Woes: Taxpayers Struggle with Slow and Glitchy Income-Tax Portal

by TaxConcept July 11, 2024July 11, 2024
income tax
Posted inINCOME TAX

To-Do List After Filing Your Income Tax Return

by TaxConcept July 11, 2024July 11, 2024
Posted inINCOME TAX

New Income Tax E-Filing Utilities Released for ITR-7 Form

by TaxConcept July 10, 2024July 10, 2024
Foreign Bank Accounts and Assets Disclosure
Posted inINCOME TAX

A.Y. 2024-25 Foreign Bank Accounts and Assets Disclosure: Important Update for Taxpayers

by TaxConcept July 10, 2024July 10, 2024
Posted inINCOME TAX

New income tax provision mandating 45-day payments hurts MSMEs; Budget Relief

by TaxConcept July 9, 2024July 9, 2024
Posted inINCOME TAX

ITR Filing 2024: Common FAQs and Solutions for Name Discrepancies in PAN Database

by TaxConcept July 8, 2024July 8, 2024
Income tax
Posted inINCOME TAX

Attention Taxpayers! Income Tax Department has issued a strong advisory to taxpayers

by TaxConcept July 6, 2024July 6, 2024
Bank of Baroda Receives Rs 1067.82 Crore Tax Demand | Latest Financial Results
Posted inINCOME TAX

This Bank Received Rs 1067.82 crore income tax demand order from Income Tax department

by TaxConcept July 5, 2024July 5, 2024
Posted inINCOME TAX

Decoding Tax Audit u/s 44AB(e):44AD
Myth vs Facts

by TaxConcept July 5, 2024July 5, 2024
Income Tax Department has issued a stern warning to taxpayers
Posted inINCOME TAX

Income Tax Department has issued a stern warning to taxpayers

by TaxConcept July 4, 2024July 4, 2024
Income tax return
Posted inINCOME TAX

Filing income tax returns with false claims may land  assessees in jail

by TaxConcept July 3, 2024July 3, 2024
income tax on income from other sources
Posted inINCOME TAX

Taxable Income from Other Sources: Dividends, Interest, Gifts, and More

by TaxConcept July 2, 2024July 2, 2024
Income Tax Implications When Purchasing Property with Joint Owners
Posted inINCOME TAX

Income Tax Implications When Purchasing Property with Joint Owners – What You Need to Know

by TaxConcept July 1, 2024July 1, 2024
July 2024 Tax Compliance Deadlines for Income Tax and GST Filing
Posted inINCOME TAX

July 2024 Tax Compliance Deadlines for Income Tax and GST Filing

by CS LALIT RAJPUT July 1, 2024July 1, 2024
Form 3CD, 3CEB, and Form 65 Amendments
Posted inINCOME TAX

Form 3CD, 3CEB, and Form 65 Amendments: CBDT Notification

by TaxConcept June 30, 2024June 30, 2024
Posted inINCOME TAX

Income tax department launched the Aaykar Setu app

by TaxConcept June 30, 2024June 30, 2024
New income tax regime: Can I avail of deductions under Section 80TTA/80TTB?
Posted inINCOME TAX

Section 80TTA/80TTB: Impact on Income Tax Exemptions and Deductions

by TaxConcept June 29, 2024June 29, 2024
Income tax notice
Posted inINCOME TAX

HDFC Life Insurance Faces Rs 1,495 Cr Tax Demand: Impact and Response

by TaxConcept June 29, 2024June 29, 2024
now file tax audits with Aadhaar OTP. No need of digital signature !! In the recent tax audit I filed, I completed the whole process of acceptance of 3CB-3CD & the ITR filing with only Aadhaar OTP verification.
Posted inINCOME TAX

ITR Portal Big Update for File Tax Audits with Aadhaar OTP No Digital Signature Required

by TaxConcept June 28, 2024June 28, 2024

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  • Representation Regarding Non-Processing of Quarter 4 FY 2025-26 TDS Statements and Taxpayers Problems
  • Income tax department has issued 44,000+ notices and detected ₹888+ crore ($104M) in undisclosed crypto income during FY 2025-26
  • Income Tax on Investing in Elon Musk’s SpaceX IPO
  • Use UPI? UPI Transaction Limits for 2026 As Per NPCI Guidelines
  • TDS on Payments to Section 393 (Tax to be deducted at source)
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