Tue, Dec 12, 2023
If you also have to deposit advance tax, then December 15 is very important for you. The second installment of advance tax for the third quarter of the financial year 2024 has to be deposited by December 15. If you fail to pay advance tax, you will have to pay penalty.
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Tue, Oct 17, 2023
The raids are not limited to a single location, as authorities are simultaneously carrying out probes in multiple cities.
Tue, Sep 26, 2023
The revised regulations also maintain the inclusion of five valuation methods initially proposed in the draft rules for assessing funds received from non-resident sources.
Sat, Aug 19, 2023
Income Tax department said that boards for advance rulings have been operationalised in Delhi and Mumbai, which will function through email-based procedures and conduct hearings through video conference.
Sun, Jul 31, 2022
The government has hinted that they won't be increasing the deadline for filing income tax this year and urged people to file their returns by today to avoid the late fee. Income Tax Department informed that apart from late fee, missing deadlines have several other implications too.
Fri, Jul 29, 2022
Taxpayers should note that if you didn't respond to the I-T department's communication or message regarding a defective return, then the ITR filed will not be processed and be treated as invalid.
Mon, Jul 25, 2022
Avoid missing the due date. As per the rule, individuals filing their ITR after the deadline will have to pay Rs 5,000 as a penalty.
Wed, Jul 20, 2022
Taxpayers should ensure that other details like PAN, address, e-mail address, bank account details etc., are correct.
Tue, Aug 15, 2017
The market regulator initiates investigations based on references received from sources such as its Integrated Surveillance Department, other operational departments within Sebi and external government agencies.
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