Income Tax Department
Income Tax Dept proposes to seek more details on foreign donations from trusts
Tue, May 21, 2019
The Central Board of Direct Taxes (CBDT) has issued a draft notification to amend Form 10B of the Income-tax Rules, 1962 by proposing changes in the audit report form to be filled by trusts and institutions.
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Income Tax dept to soon share turnover, ITR filing data of businesses with GSTN
Tue, Apr 30, 2019
Income tax officers and GSTN, the company that handles the information technology backbone of the new indirect tax regime, will also decide on the modalities for "automatic" and "spontaneous" exchange of data.
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Income tax return filing: I-T dept allows manual filing by resident, NRI taxpayers
Tue, Dec 25, 2018
The Income Tax Act, 1961, provides that if a taxpayer considers that his total income warrants deduction of income tax at lower/ nil rate, he may apply to the assessing officer (AO) requesting for lower withholding certificate.
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