Taxpayers must note that the deadline for filing a belated income tax return or submitting a revised return for the ...

It was submitted of behalf of assessee that the appeal filed by the Revenue is hit by recently issued CBDT Circular No.09 of 2024 dated 17.09.2024 revising the previous thresholds pertaining to tax ...

Coming down heavily on the jurisdictional assessing officer (JAO) and principal commissioner of income tax (PCIT) for gross non-application of mind and totally irrelevant remarks alien to the case ...

As the Union Budget for fiscal year 2025-26 approaches, the Association of Mutual Funds in India (AMFI) has presented a ...

Important financial updates for taxpayers, UPI users, and investors for January 2025; examine specifics on money rules.

Since you have earned capital gains but have not offered them to tax, your only option now is to file an updated tax return.

In the matter abovementioned ITAT remanded matter to AO for adjudicating exemption by taking registration u/s 12 A as it is impossible for assessee to mentioned new registration particular in ITR-7.

"Taxpayers can currently only file belated or revised returns, excluding new filings that incorporate the 87A rebate. The ...

The CBDT is hiring 8 Data Processing Assistants in the Income Tax Department on a deputation basis. Eligible candidates can ...

The exam is scheduled to be held in various centres such as Delhi, Lucknow, Hyderabad, Kanpur, Chandigarh, Kolkata, and ...

The Income Tax Department has announced 2025 recruitment for Processing Assistant Grade B posts, offering salaries up to Rs 1,42,400 per month. Applications are open for eligible candidates with no ...

In Budget 2024, finance minister Nirmala Sitharaman announced plans to address the backlog of tax appeals by increasing ...