Taxman may prosecute for delayed payment of TDS

Tax deductors are obliged to deduct tax at source on a variety…

CBDT Deferred Disclosures on Tax Audit Reports by 1 Year

The Central Board of Direct Taxes (CBDT) plans to give businesses time…

IT Raises Tax Rebate instead of Exemption Limit

The income tax department raised the rebate available under section 87A to…

IT department Delays GST and GAAR reporting till March 2020

The IT department in India deferred the requirement for companies to provide…

New Direct Tax Law will be submitted by Feb 28

The Ministry of Finance has released a date with the regards to…