The Gujarat Chamber of Commerce and Industry (GCCI) has written a letter to the Chairman of the Central Board of Direct Taxes ...

Taxpayers must note that the deadline for filing a belated income tax return or submitting a revised return for the ...

The final recommendations from ICAI for simplifying the I-T Act include introducing a special tax regime for partnership ...

In Budget 2024, finance minister Nirmala Sitharaman announced plans to address the backlog of tax appeals by increasing ...

As the Union Budget for fiscal year 2025-26 approaches, the Association of Mutual Funds in India (AMFI) has presented a ...

The monetary impact of the withdrawal would be a maximum of Rs 10,200 crore. According to latest receipt Budget of July 2024, ...

The CBDT is hiring 8 Data Processing Assistants in the Income Tax Department on a deputation basis. Eligible candidates can ...

Since you have earned capital gains but have not offered them to tax, your only option now is to file an updated tax return.

Mutual fund industry seeks restoration of indexation benefit on long-term capital gains from debt funds for tax relief.

The income tax rules have changed in recent years. Due to this, not all salaried employees now have to submit investment and ...

"Taxpayers can currently only file belated or revised returns, excluding new filings that incorporate the 87A rebate. The ...

AMFI said the reinstatement of this provision will be crucial in maintaining confidence among retail investors and in ...