Coming down heavily on the jurisdictional assessing officer (JAO) and principal commissioner of income tax (PCIT) for gross non-application of mind and totally irrelevant remarks alien to the case ...

Important financial updates for taxpayers, UPI users, and investors for January 2025; examine specifics on money rules.

Since you have earned capital gains but have not offered them to tax, your only option now is to file an updated tax return.

These suggestions aim to mitigate litigation and reduce the compliance burden for taxpayers. In its Pre-Budget Memorandum for ...

In the matter abovementioned ITAT remanded matter to AO for adjudicating exemption by taking registration u/s 12 A as it is impossible for assessee to mentioned new registration particular in ITR-7.

The CBDT is hiring 8 Data Processing Assistants in the Income Tax Department on a deputation basis. Eligible candidates can ...

The Income Tax Department has announced 2025 recruitment for Processing Assistant Grade B posts, offering salaries of up to ...

In Budget 2024, finance minister Nirmala Sitharaman announced plans to address the backlog of tax appeals by increasing ...

The maximum age limit for applicants is set at 56 years, as per the guidelines mentioned in the notification. Candidates ...

The Union Budget 2024-25 tabled in last July introduced one more direct tax resolution scheme – ‘Direct Tax Vivad Se Vishwas ...

The Institute of Chartered Accountants of India has proposed a special tax regime for partnership firms in light of the 2024 ...