Tax experts said based on an initial review, the new Income Tax Bill does not seem to introduce any significant changes to ...
Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...
Finance Minister Nirmala Sitharaman introduces new Income Tax Bill, simplifying language, eliminating redundant provisions, ...
The committee will submit its report by the first day of the next session, FM Sitharaman said, adding that the Speaker shall ...
These cross appeals are filed by the assessee and the revenue against the order of the Learned Commissioner of Income-tax (Appeals), Mumbai/National Faceless Appeal Centre, Delhi [hereinafter referred ...
The Income Tax Bill has failed to live up to the hype that it created, feels a section of tax analysts and chartered accountants. They feel what was ...
Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...
During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate ...
MILLIONS of workers could save thousands of pounds by making a simple tax check ahead of April. Anyone employed or paid via ...
The objection must be submitted on a prescribed form. It must set out the grounds ... understatement penalties Sars also raised income tax assessments in respect of “unexplained deposits ...
FM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Select Committee for review—incorporated ...
Undeclared income from side hustles forms part of the hidden economy, HMRC said. It says it is committed to reducing the tax ...