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 introduced revised guidelines for compounding offences under the Income-tax Act, ...

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

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

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

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

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 ...

The guidelines for compounding of income tax offences have been simplified inter-alia by eliminating the categorization of ...

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

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