This year-on-year surge showcases not only the capacity of the system but also the proactive engagement of taxpayers in ...

Parliamentary panel report reveals high vacancy rates in CBDT and CBIC, hindering tax collection and efficiency.

The Finance Ministry announced a significant improvement in tax refund issuance for FY 2024-25, with refunds totalling Rs ...

At its peak, the income tax return portal handled over 900 filings in a second and close to 70 lakh ITR filings a day, as tax ...

This extension is applicable to taxpayers who have global transactions and are needed to provide reports under Section 92E ...

ITAT Surat held that rejection of application for regular approval of fund under section 80G (5) of the Income Tax Act as time barred not justified in terms of relaxation of time period as per CBDT ...

To speed up the comprehensive review of the decades-old Income-tax Act, the Central Board of Direct Taxes has instructed ...

ITAT Jaipur held that time limit of filling the application for recognition u/s. 80G of the Act has been extended by the Board. Accordingly, benefit extension provided and matter restored to file of ...

One of the key challenges highlighted was regarding tax deduction at source (TDS). The chamber raised concerns about how the ...

Tax authorities have extended the income tax return filing deadline by another 15 days to December 15 for the financial year ...

Tax authorities have extended the income tax return filing deadline by another 15 days to December 15 for the financial year ...