Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...

It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...

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

Budget 2025 aims to simplify tax filing, reduce disputes, and foster a transparent, taxpayer-friendly system. The upcoming Union Budget 2025-26 is poised to introduce significant changes to India's ...

According to a report, Union Finance Minister Nirmala Sitharaman is set to announce an overhaul of the Income Tax Act of 1961 ...

Not filing an ITR on time can have numerous consequences, from penal interest and late fees to possible jail time. Meanwhile, if you file your return within the period for filing a belated return and ...

How To Cake It. May the force be with all the #cake decorators who spend DAYS making novelty cakes! Posted: 8 January 2025 \| Last updated: 8 January 2025. More for You ...

Sharmistha Mukherjee, daughter of former President Pranab Mukherjee, told India Today that the memorial controversy reflects ...

Aimed at enhancing efficiency, accessibility, and user experience, EPFO 3.0 is set to transform the way employees manage ...

In the matter abovementioned ITAT deleted addition made on account of undisclosed cash deposits during demonetization period after observing that assessee has substantiate means of income for ...

Overall tax revenues grew by over 10% in 2024 when not considering the “distorted” Apple payout, the Irish government said ...

ITAT Ahmedabad held that interest received by co-operative society from SBI, which is a Nationalized Bank, is not allowable as per the section 80 (P) of the Income Tax Act. Accordingly, AO directed to ...