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

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

In addition to procedural simplifications, the compounding charges have also been rationalized. The interest charges for delayed payment of compounding fees have been abolished.

The quarter-finals of the 4th Hockey India Senior Women Inter-Departmental National Championship 2024 featured dominant disp ...

ITAT Visakhapatnam held that Kaccha Arahtia turnover includes only the gross commission. Further, entire amount of tax deducted at source is eligible for credit.

Compounding of offences is a process that allows taxpayers who have breached specific provisions of the Income Tax Act to ...

The time-series data reveals another trend -- of personal income tax collections surging higher than corporate tax ...