Income Tax Department notices are routine and need not be a cause for concern. Understanding the reasons and acting on them is the secret to hassler-free compliance.
From routine compliance requirements like Jan Dhan account re-KYC, crucial registration renewals for charitable trusts to switch to Unified Pension Scheme (UPS) september 30 demands close attention.
The Income Tax Department has fixed March 31, 2026, as the last date to file TDS/TCS correction statements for FY 2018-19 Q4 to FY 2023-24 Q3. File now to avoid loss of tax credit, demand notices, and ...
ITAT Delhi ruled that salary paid to expatriates on local contracts is deductible and that CSR expenditure disallowed under Section 37(1) remains eligible for deduction under Section ...
Delhi High Court held that seized amount is prima facie proceeds of crime and not lawful income hence to treat such amounts as taxable income recoverable by the Income Tax Department, prior to the ...