For tax purposes, business trusts such as REITs, InvITs, and certain AIFs get pass-through status and are not taxed on the ...

Recently, the Delhi High Court held that Central Board of Direct Taxes (CBDT) cannot impose limitations to extinguish rights ...

The focus will be on habitual violators, cases showing significant gaps between tax deductions and advance tax payments, ...

Bengaluru: Coming to the rescue of a 73-year-old retired central excise officer acquitted of corruption charges, the high ...

The changes are effective from Monday and hence, going forward, any compliance required, especially for financial year ...

The government has launched the PAN 2.0 project to improve and consolidate all PAN (Permanent Account Number) related ...

The Central Board of Direct Taxes has implemented new rules requiring business trusts to file income distribution statements ...

The Central Board of Direct Taxes (CBDT) has developed a 16-point plan to identify and monitor cases of TDS non-compliance.

In a major relief for salaried individuals, the maximum exemption for leave encashment at the time of retirement for ...

The tool is available on the official income tax website and helps users compare provisions of the new bill with the current ...

In a circular issued on Thursday, CBDT highlighted that penalty is applicable where tax is not deducted at source on ...