15 January 2021
In a recent order, the ITAT (Income Tax Appellate Tribunal) bench rejected the contention of the HDFC Bank employee that the ESOPs related to...
21 October 2020
Only after approval from principal chief commissioner or chief commissioner level officer the TDS directorate will be allowed to conduct Income tax...
18 September 2020
The Central Board of Direct Taxes (CBDT) has prescribed five broad parameters for compulsory selection of returns for complete scrutiny under...
21 August 2020
Taxpayers would not need to mention their high-value transactions in their income tax returns, reports The Economic Times.
21 August 2020
Income tax field offices are yet to receive orders from the top on re-organisation of units under faceless assessment scheme, leading to uncertainty,...
14 August 2020
Income tax department is eyeing tapping transactions such as hotel bills over Rs 20,000, education fee over Rs 1 lakh, purchase of jewelry, white...
21 July 2020
From this assessment year, taxpayers will see an improved Form 26AS carrying some additional details on taxpayers' financial transactions as...
30 June 2020
Individuals will be able to claim income tax exemption for conveyance, travel and other allowances given by employers under the new regime that...
13 May 2020
Under current taxation laws, if a company defers an employee’s salary or a vendor’s payment, say by six months, tax is applicable on such...
