IT department seeks a cut of Rs 1 trillion in FY20 direct tax revenue targets

According to a report published by Business Standard, the income tax department…
CBDT

CBDT to Quote Unique DIN in Every Communication From 1 October

Every communication issued by the income tax department from the 1st of…

ITR Filing: How to Claim Income Tax Refund Online

The income tax department has reportedly extended the last date for ITR…

Due date to file income tax returns extended to 31 August 2019

The income tax department has extended the due date for filing income…

Treatment of Transport Allowance for Financial Year 2018-19

Employers compensate for the travel expenses incurred by the employees for travelling…

CBDT introduced new changes to Form 16 for FY 2018-19

The tax-filing season is here and it is time for you to…

Non-filers, you have a 21-day deadline, says Income Tax Department

Income Tax Department has noticed that certain taxpayers, with high-value transactions, haven’t…

Notices to harass small companies in masses are misleading, says CBDT

The Central Board of Direct Taxes (CBDT) has recently clarified that certain…

Government squashes speculations on possible corporate tax cuts

A senior officer from the Income Tax Department has disclosed that the…

CBDT to introduce pre-filled forms to make e-filing easier and quicker

If there is something that hassles taxpayers, it is getting the right…