The choice of tax regime determines the applicable tax deductions, with employees needing to submit investment declarations ...

The Central Board of Direct Taxes (CBDT) has notified amendments in income tax rules for ease in claiming credit for TCS ...

The Central Board of Direct Taxes (CBDT) has introduced revised guidelines for compounding offences under the Income-tax Act, ...

Employees have to use Form 12BAA to report to employers any deductions from sources of income other than their salaries ...

Central Board of Direct Taxes (CBDT) has notified amendments in income-tax rules for ease in claiming credit for TCS ...

Subject: Guidelines for Compounding of Offences under the Income-Tax Act, 1961 —reg.

CBDT has introduced Form 12BAA to enable employees to inform their employers about TDS and TCS from other income sources, ...

The CBDT has announced a new form i.e. Form 12BAA. This will help in adjusting TDS on salary. Here is what it is, how it will ...

Scheme, 2024, was announced in the Union Budget 2024-25 by the Union Finance Minister to resolve pending income tax disputes ...

In conformity with the Finance Minister’s budget announcement on simplification and rationalization of compounding procedure, ...

Through the Form 12BAA, the employees are required to use the newly introduced Form 12BAA to inform their employers about the ...

To further facilitate compounding for companies and Hindu Undivided Families (HUFs), the requirement for the main accused to ...