The Income Tax Department has introduced a significant enhancement to the online filing process for Income Tax Returns (ITRs) by enabling ITR-1, ITR-2, and ITR-4 with prefilled data on the income tax portal.
Offline Utilities for ITR-1, ITR-2, ITR-4 and ITR 6 for AY 2024-25 are available for filing
Excel Utilities of ITR-1, ITR-2 and ITR-4 for AY 2024-25 are available for filing
Clarification regarding applicability of new tax regime and old tax regime
The Income Tax Department has recently published the updated Tax Deducted at Source (TDS) Rate Chart for the Assessment Year 2025-26.
Changes in ITR form V and Acknowlegement for A.Y 2024 25 as per the amemdments in the provisions of the Income tax Act, 1961 and In the Income tax Rules, 1962 in consequence of the Finance Act, 2023
The Indian export sector, representing a significant portion of the nation's economy, is facing a critical challenge due to a recent regulation mandating the clearance of outstanding invoices owed to micro and small enterprises within 45 days
The Directorate of Income Tax (Systems) released e-Verification Instruction No. 2 (i) of 2024 on March 19, 2024.
Directorate of Income Tax (Investigation), Delhi, sets up 24X7 Control Room and toll-free Mobile Number 9868168682 in connection with the General Elections to Lok Sabha, 2024
Advance Tax collections for the FY 2023-24 stand at Rs. 9,11,534 crore which shows a growth of 22.31%. Refunds aggregating to Rs. 3,36,808 crore issued in the current fiscal.
CAclubindia
