Tax Exemption

CBDT Notifies Procedure to File 34BB to Withdraw Pending Application

As per the Income Tax Rules, the assessee can exercise the option…

Know how to report intraday gains and losses on stocks

Investments in the equity market can be either held as ‘capital asset’…
Tax Exemption

IT Department Issues Refund of Rs.24,792 Crore

The income tax department had disclosed that it had issued over Rs.24,792…
Tax Exemption

CBDT extends the due dates of certain direct tax compliances

CBDT has acted proactively by extending the major tax filing due dates.…

Income Tax Refund: Necessary to Pre-Validate Your Bank Account

From 1st March 2019, the income tax department has made it mandatory…

File Form No.10-IE to Opt for New Tax Regime

The Union Budget 2020 has introduced a new income tax regime for…

Optimise Your Taxes by Gifting Money to Your Parents and Children

Making investments in your parents or children’s name and reducing your tax…

GST collections in April 2021 at an all-time high of Rs 1.41 lakh crore

GST receipts reached a monthly high of Rs.1.41 lakh crore in April…

CBDT has notified conditions for the pension fund

CBDT has been notified to amend the Rule 2DB (ii) and (iii)…
Tax Exemption

CAIT Requests Government to Extend Due Dates by Three Months

The Confederation of All India Traders (CAIT) has urged the government to…