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Category: Income Tax

Income Tax

Income-tax appeal limits may be raised to cut litigation

admin May 30, 2018 No Comments

Income-tax appeal limits may be raised to cut litigation The CBDT is planning to increase the limit for appeals to the Income Tax Appellate Tribunal…

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Income Tax

Task force to review I-T laws gets 3 months more

admin May 23, 2018 No Comments

Task force to review I-T laws gets 3 months more The task force rewriting the income-tax laws has been granted three months more till August…

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Income Tax

Shell Cos: I-T Dept to File Pleas in NCLT to Recover Tax Dues

admin May 22, 2018 No Comments

Shell Cos: I-T Dept to File Pleas in NCLT to Recover Tax Dues The income-tax department is an “aggrieved creditor” to many deregistered shell companies…

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Income Tax

IT dept cautions TDS deductors against quarterly filing default

admin May 19, 2018 No Comments

IT dept cautions TDS deductors against quarterly filing default The Income Tax department on Friday cautioned tax deducted at source (TDS) deductors to adhere to…

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Income Tax

ITR-2 forms for AY2018-19 launched

admin May 16, 2018 No Comments

ITR-2 forms for AY2018-19 launched The income tax department has launched return form ITR-2 for assessment year 2018-19 for individuals and Hindu Undivided Family having…

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Income Tax

I-T department seizes Rs4 crore in drive against cash hoarders

admin April 20, 2018 No Comments

I-T department seizes Rs4 crore in drive against cash hoarders New Delhi: In a drive against cash hoarders, the income tax (I-T) department has seized…

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Income Tax

Wrong info in ITR will be reported to employers: I-T to salaried class

admin April 19, 2018 No Comments

Wrong info in ITR will be reported to employers: I-T to salaried class The tax filing season for salaried class taxpayers has just begun with…

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Income Tax

ITR-1 form for AY18-19 now available for e-filing: Income Tax dep

admin April 18, 2018 No Comments

ITR-1 form for AY18-19 now available for e-filing: Income Tax dept All the seven ITR forms are to be filed electronically except for some category…

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Income Tax

Changes you need to know for I-T returns

admin April 7, 2018 No Comments

Changes you need to know for I-T returns When you file your income tax (I-T) returns in July, you will have to fill details such…

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Income Tax

New ITR forms notified; salary breakup, GST ID to be furnished

admin April 6, 2018 No Comments

New ITR forms notified; salary breakup, GST ID to be furnished The new Income Tax Return (ITR) forms for the assessment year 2018-19 were notified…

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