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Income tax

Understanding income tax is crucial for managing your finances. Discover how income tax works, learn about tax brackets, deductions, and credits. Stay informed about changes in tax laws and filing requirements. Navigate the world of taxation with confidence and ensure you make the most of your financial opportunities.

Created on: 11/23/2023

Reactivate PAN CBDT Deactivates 11.5 Crore Aadhaar Link Fail

Approximately 11.5 crore PAN cards were deactivated for failing to meet the Aadhaar linkage deadline, as revealed in an RTI response from the Central Board of Direct Taxes (CBDT).
Created on: 11/23/2023

Register DSC Income Tax Portal Detailed Guide

In this comprehensive guide, we will walk you through the step-by-step process of registering your DSC on the Income Tax Portal, ensuring that you can seamlessly and securely engage in various tax-related activities online.
Created on: 11/23/2023

Income Tax Department Seizes Unexplained Cash Ahead Assembly Elections

Leading up to the Assembly elections in five States, the income tax department has seized more unexplained cash compared to previous elections in those States, according to CBDT on November 15.
Created on: 11/23/2023

Agricultural Income India Tax Treatment Types Rules

However, it's essential to be aware that there are specific tax considerations related to agricultural income. This discussion delves into the details of agricultural income tax in India, aiming to provide clarity on this subject.
Created on: 11/22/2023

Delhi High Court Clarity Time Limits Income Tax Assessments

This decision is welcomed as it will benefit taxpayers facing belated reassessment proceedings involving undisclosed income of less than Rs.50 lakh.
Created on: 11/22/2023

Income Tax Department Uncovers Online Retailers Tax Evasion 10000 Crore

The Income Tax (I-T) department has uncovered tax evasion totaling approximately Rs 10,000 crore over the past three years, according to The Economic Times.