Income Tax | GST | Accounting
Income Tax | GST | Accounting
The Central Board of Direct Taxes (CBDT) has recently issued a clarification regarding the provisions related to charitable and religious trusts. This clarification aims to address certain confusions and misconceptions about the provisions and guidelines related to these trusts. The CBDT has clarified that the assessments and investigations of charitable and religious trusts will be […]
SYNOPSIS: ITR 1, 4 filing started offline for assessment year 2023-24. Now the taxpayers can file their income tax return (ITR) for the assessment year 2023-24, financial year 2022-23 using offline utility. ITR 1, 4 filing started offline AY 2023 -24: the Central Board of direct taxes (CBDT) has enabled Excel Offline Utility for Preparing and […]
SYNOPSIS: Employee needs to intimate his employer, which regime they want to opt. If intimation not made to employer, then the new tax regime will be default tax regime. The Income Tax Department has clarified that employer should ask from his/her employee which regime they want to opt in the current financial year 2023-24 and […]
Synopsis: The Government has extended the date of PAN and Aadhar linking to 30th June 2023. PAN and Aadhar Linking Date Extended: The Ministry of Finance has issued press release on 28th March 2023, in that press release ministry of finance has extended the date of linking PAN with Aadhar extended to 30th June 2023. […]
The Income Tax Department (ITD has Launched a new mobile app namely “AIS for Taxpayers”. It will help the taxpayers to view their information as available in the Annual Information Statement (AIS) / Taxpayer Information Summary (TIS). This mobile application is provided free of cost by the Income Tax Department, and is available on Google […]
