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Income Tax

Taxes are mainly of two types, direct tax and indirect taxes. Income tax is the direct tax charges on the income earned during a financial year by the individuals, HUF, Association of Person, Charitable Trust and other specified person. Taxes are sources of revenue for the government. Government utilizes this revenue for developing infrastructure, providing healthcare, education, subsidy to the farmer/agriculture sector and in other government welfare schemes.

How to pay TDS on purchase of property?

Learn about who is required to pay TDS on purchase of property and how to pay TDS on sale/purchase of property.

How to Pay TDS?

How to pay TDS

Here is the guide for you to learn about “How to Pay TDS”. This guide will inform you about the electronic way of making TDS payment.

External Confirmation through Third Party Vendors

External Confirmation through Third Party Vendors

As per the ICAI, dated 7th September 2022, ICAI has made a recommendation regarding the external confirmation through third party vendor.

Revised Guidelines for Compounding Offences by Income Tax Department

Revised guidelines for compounding offence

Check to know in dept regarding the revised guidelines for Compounding Offences as issued by the Income Tax Department.

15CB Form Withdrawal Functionality

Withdrawal functionality form 15CB

Check the latest update regarding the Withdrawal functionality of 15CB forms at e-filing portal of Income Tax.

PAN/Aadhaar norms relieved by the Central Board of Direct Taxes

Pan and Aadhaar Norms by CBDT

The Central Board of Direct Taxes has relieved the norms of PAN/Aadhaar. Read to know the norms in detail.

Income Tax Department conducts searches on prominent business groups in Maharashtra

ITD conduct search in Maharashtra

Here is the Latest update by the Central Board of Direct Taxes regarding conducting search on prominent business groups in Maharashtra.

Enabled electronic filing for Form 10F 10 FC 10-IA and Form 68 on e-Filing Portal

Income tax update

Enabled electronic filing for Form 10F, 10 FC, 10-IA and Form 68 on e-Filing Portal, Check to know the income tax update.

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