Income Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit
The Central Board of Direct Taxes recently issued a circular for condonation of delay in filing ITR. ​The latest circular has ...
The Income Tax Department Embodies a Unique Blend of Rigour and Humanity
The 65th Foundation Day Celebration of M.C. Jain & Co. and the launch of CA Manoj K. Patwari's book "Income Tax Search and ...
New condonation of delay rules for companies claiming benefit of lower income tax
New condonation of delay rule for companies, trusts and others for claiming benefit of lower tax, tax audit and others, Know ...
Tax Guru1d
Court permitted income tax department to withdraw 20% of total tax demand from attached bank account
Kerala High Court permitted income tax department to withdraw 20% of the total tax demand as a condition for stay. Court also directed to lift the attachment over the bank accounts on receipt of the ...
The Repository on MSN2d
Taxes: Alliance to quit mailing income tax returns
The City of Alliance Income Tax Department will no longer be mailing personal or business income tax returns or quarterly ...
Income tax department warns: ‘Declare foreign assets or pay ₹10 lakh penalty’
The I-T dept launched a compliance campaign urging taxpayers to report foreign assets in their AY25 returns, noting that ...
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Legal Digest | Why Income Tax department cannot look into the same matter by invoking another section
The High Court rightly rapped the Income Tax department on its knuckles for not accepting the CIT revisionary order with ...
Lane County voters kept spending, income caps in place. Now what?
Voters maintained spending limits in Lane County's charter that don't mean much currently, but could lead to limits in the future.
Phone World21h
FBR Introduces SOP for Reactivating SIMs After Income Tax Return Filing
The FBR issued a detailed standard operating procedure (SOP) for reactivating SIMs after filing an income tax return.
The Hindu9d
Tax evasion rampant as only 23% of transactions being traced, says Chief Commissioner of IT
At present, the Department of Income Tax could capture only 23% of the entire transactions taking place in the country, and in the near future, they believe, measures would be taken to expand its ...
Coinbase CEO Brian Armstrong Says DOGE Department Is A 'Once-In-A-Lifetime-Opportunity,' Advocates Abolishing Individual Income Tax
Coinbase CEO Brian Armstrong suggests eliminating individual income taxes in the US to simplify the system and promote ...