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71 Show Cause Notices Issued To Online Gaming Firms Involving GST Demand Of Rs 1.12 Lakh Cr: FinMin
As many as 71 show cause notices have been issued to online gaming companies for alleged GST evasion during financial years 2022-23 and 2023-24
ITR Filing Update: Nearly 8 Crore ITRs Filed Till Dec 2
In 2022-23 financial year, 10.09 crore PAN holders paid taxes for income earned in 2021-22.
What Is Advance Tax And Do You Need To Pay It?
If the tax is being paid for the same financial year based on estimated income, it is considered advance tax.
Tata Steel Arm TCIL Gets Rs 40 Cr Tax Penalty Notice
"The said demand order is presently pending appeal before the Commissioner of Commercial taxes, Ranchi,” Tata Steel said in a regulatory filing.
Mera Bill Mera Adhikar Scheme on GST Invoicing: Is It Going To Be A Game Changer?
The Mera Bill Mera Adhikar scheme is expected to encourage consumers to nudge the retailers or sellers to ask for bills in compliance with GST if applicable to such sellers
How The Revamped Income Tax Website Benefits Taxpayers? Know All Details Here
The revamped income tax website offers comprehensive access to Direct Tax laws, alongside various other Allied Acts, Rules, Income Tax Circulars, and Notifications.
Is Your Bank Account Stopping Income Tax Refund? Check IT Dept's Latest Update
Income Tax Refund: Previously validated bank accounts may require updation and re-validation due to change in bank account details.
Income Tax Notice From IT Dept! When Will You Receive It? Know Types & Other Details
Income Tax Notice: It is imperative that taxpayers check their AIS carefully and report the mismatches, if any, to the tax authorities
GST E-Invoicing: Unveiling the Role of Private IRPs
The introduction of private invoice registration portals for GST e-invoicing was aimed at building infrastructure and support for expanding the coverage of e-invoicing mandates
IT Dept Data: 1.69 Lakh Individuals Declare Income Above Rs 1 Cr, A 2x Increase In 2 Years
During AY 2022-23, over 2.69 lakh entities, including individuals, companies, firms and trusts, have shown total income of above Rs 1 crore.
ITR Filing Last Date Today, July 31: How To E-Verify Your Income Tax Return? Know Various Methods
ITR Deadline Today, July 31: Check ITR verification process and the different methods available for it to complete your income tax return
GST Council To Conduct 50th Meeting On July 11 In New Delhi
50th GST Council Meeting: It is likely to discuss the issue of GST on cement and the GST rate to be levied on online gaming
Income Tax Standard Deduction: Don't Forget To Claim This In ITR, Check Details Here
Income Tax Return: For the financial year 2023-2024, the standard deduction for salaried individuals is Rs 50,000.
ITR-3 Online Form Is Live Now! Know Who Can Use It For Filing Income Tax Return FY 2022-23
ITR-3 form is for an individual or a Hindu Undivided Family who is having income under the head "profits or gains of business or profession"
ITR Filing: How Long Does It Take To Get Income Tax Refund? A Step-By-Step Guide To Check Status
Income tax refunds are released in case of higher taxes paid than the actual liability
Income Tax Return: Know These ITR Basics Before It's Too Late
It is important for taxpayers to note that the ITR form is filled out correctly and completely and within the due date.
