# income
10 posts in `income` tag
Indian Income Tax Act Modifications Supreme Court Retroactive Application Section 153C
In a recent decision, the Supreme Court highlighted a change in Section 153C of the Income Tax Act, stating that it will now apply retrospectively to cases predating the amendment.
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By Krishna
Guide to the Duty Drawback Scheme under the GST Act 2017
A Comprehensive Guide to the Duty Drawback Scheme under the GST Act 2017: Exploring Various Provisions
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By Krishna
Income Tax Calendar for December 2023: Key Deadlines You Should Not Miss This Month
All taxpayers must be mindful of important deadlines related to their income tax responsibilities. December 2023 presents several key dates that require attention.
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By Krishna
Tax Deadline Reminder: File Your Updated Return for Assessment Year 2021-2022
The Income Tax Department reminds taxpayers of the approaching deadline to file the Revised Income Tax Return (ITR) for the Assessment Year 2021-2022.
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By Krishna
CII Survey Accelerated Income Tax Refund Procedure
The survey, presented to Finance Minister Nirmala Sitharaman, indicated that 83% of surveyed individuals and 85% of firms reported an increased trust in the Income Tax Department.
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By Krishna
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.
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By Krishna
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.
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By Krishna
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.
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By Krishna
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.
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By Krishna
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.
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By Krishna