Increase in tax rebate for individuals with income up to Rs. 7 lakhs, promoting compliance and robust collections: Rajya Sabha QA

Increase in tax rebate for individuals with income up to Rs. 7 lakhs, promoting compliance and robust collections: Rajya Sabha QA

Increase in tax rebate for individuals with income up to Rs. 7 lakhs, promoting compliance and robust collections: Rajya Sabha QA GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION NO. *37 ANSWERED ON 06.02.2024 INCREASE IN TAX REBATE *37. DR. K. LAXMAN: Will the Minister of Finance be pleased to…

Faceless tax assessment details: Rajya Sabha QA

Faceless tax assessment details: Rajya Sabha QA

Faceless tax assessment was introduced from April 1, 2021- Details of direct tax collection, benefits, and grievance redressal explained: Rajya Sabha QA GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA UNSTARRED QUESTION NO. 382 TO BE ANSWERED ON TUESDAY THE 06TH FEBRUARY, 2024/ 17 MAGHA, 1945 (SAKA) Faceless tax assessment 382. SHRI…

Highlights of Finance Bill, 2024: Tax Rate Changes, Deductions, Faceless Scheme, TCS, and Outstanding Tax Demand Amendments

Highlights of Finance Bill, 2024: Tax Rate Changes, Deductions, Faceless Scheme, TCS, and Outstanding Tax Demand Amendments

Highlights of Finance Bill, 2024: Tax Rate Changes, Deductions, Faceless Scheme, TCS, and Outstanding Tax Demand Amendments HIGHLIGHTS OF FINANCE BILL, 2024 1. Proposed Changes in Tax Rates No changes in tax rates are proposed by Finance Bill, 2024 Note: View PDF for Finance Bill, 2024 ‘PART I INCOME-TAX for details. 2. Proposed amendments w.r.t….

Income-tax (Amendment) Rules, 2024 – Revision of Form ITR-2, ITR-3 & ITR-5 for AY 2024-25

Income-tax (Amendment) Rules, 2024 – Revision of Form ITR-2, ITR-3 & ITR-5 for AY 2024-25

Income-tax (Amendment) Rules, 2024 – Revision of Form ITR-2, ITR-3 & ITR-5 for AY 2024-25 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 31st January, 2024 G.S.R. 83(E).— In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act, 1961 (43 of…

Processing of returns of income validly filed electronically with refund claims section 143(1) of the Income-tax Act, 1961: CBDT extends time limits until 30.04.2024

Processing of returns of income validly filed electronically with refund claims section 143(1) of the Income-tax Act, 1961: CBDT extends time limits until 30.04.2024

Processing of returns of income validly filed electronically with refund claims section 143(1) of the Income-tax Act, 1961: CBDT extends time limits until 30.04.2024 F. No.225/132/2023/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, the 31st January, 2024 Order under section 119 of the Income-tax Act, 1961…

Amendments of the Income-Tax Act, 1961 carried out through Finance Act 2023: CBDT

Amendments of the Income-Tax Act, 1961 carried out through Finance Act 2023: CBDT

Amendments of the Income-Tax Act, 1961 carried out through Finance Act 2023: CBDT Circular No. 1/2024 dated 23.01.2024 CIRCULAR NO. 1/2024 F. No. 370142/38/2023 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) **** Dated the 23rd of January, 2024 EXPLANATORY CIRCULAR CIRCULAR EXPLAINING THE PROVISIONS OF THE FINANCE ACT,…

Income-tax (Thirtieth Amendment) Rules, 2023: CBDT

Income-tax (Thirtieth Amendment) Rules, 2023: CBDT

Income-tax (Thirtieth Amendment) Rules, 2023 – Form ITR-1 SAHAJ for AY 2024-25: CBDT Notification No. 105/2023 dated 22.12.2023 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 22nd December, 2023 G.S.R. 908(E).— In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act,…

Deduction of Income Tax on Medical Reimbursement: Requisition of information under the RTI Act, 2005

Deduction of Income Tax on Medical Reimbursement: Requisition of information under the RTI Act, 2005

Deduction of Income Tax on Medical Reimbursement: Requisition of information under the RTI Act, 2005 OFFICE OF THE PRINCIPAL CHIEF COMMISSIONER OF INCOME TAX, UP(East] PRATYAKSH KAR BHAWAN 57, RAM TIRATH MARG, LUCKNOW- 226 001 F.No.Pr.CCIT/Tech. /Lko/RTI/2019-20/2023-24 Dated: 27.10.2023 To The CPIO/Dy. Commissioner of Income Tax (Hq.)(Admn.), O/o The Pr. Chief Commissioner of Income Tax…

Benefits for Senior Citizens and Super Senior Citizens under Income-tax Act,1961: e-Brochure

Benefits for Senior Citizens and Super Senior Citizens under Income-tax Act,1961: e-Brochure

Benefits for Senior Citizens and Super Senior Citizens under Income-tax Act,1961: e-Brochure by Income Tax Department Income Tax Department Central Board of Direct Taxes BENEFITS UNDER DIRECT TAXES FOR SENIOR CITIZENS AND SUPER SENIOR CITIZENS ⇒ Who is a Senior Citizen and a Super Senior Citizen? At any time during the relevant financial year: Individual…

Processing of returns with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases: CBDT

Processing of returns with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases: CBDT

Processing of returns with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases: CBDT Order under section 119 of the Income-tax Act, 1961 F. No.225/132/2023/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** North Block, the 16 October, 2023…

Option under Income Tax Section 115BAC – Old vs. New Tax Regime: CPWD Circular

Option under Income Tax Section 115BAC – Old vs. New Tax Regime: CPWD Circular

Option under Income Tax Section 115BAC – Old vs. New Tax Regime: CPWD Circular dated 09.10.2023 Directorate General Central Public Works Department Nirman Bhawan, New Delhi (Cash Section) Dated 09.10.2023 CIRCULAR Section 115BAC of the Income Tax Act, 1961 inserted by the Finance Act 2020 has introduced a new income tax regime that comprises a…