Income tax outstanding demand already paid but not reflected meaning
Income Tax Department issues a demand notice under section 156 to taxpayers when they owe tax, interest, or penalty to […]
Income Tax
CBDT Launches NUDGE Initiative to Enhance Taxpayer Compliance and Transparency
The Central Board of Direct Taxes (CBDT) launches the second NUDGE (Non-intrusive Usage of Data to Guide and Enable) initiative
Income tax outstanding demand already paid but not reflected
If you have an outstanding income tax demand that you have already paid but is not reflected on the e-filing
Definition of ‘Accountant’ unchanged in New Income Tax Bill
The Lok Sabha Select Committee has not favoured any change to the definition of ‘accountant’. That means only Chartered Accountants
Capital Gain Calculation in India
In India, capital gains are profits arising from the sale or transfer of a ‘capital asset’. Understanding the nuances of
Updated Income Tax Deadlines (ITR-U) after Budget 2025 new provisions i.e. 48 months from the end of the relevant assessment year
Updated Income Tax Deadlines (ITR-U) after Budget 2025 new provisions i.e. 48 months from the end of the relevant assessment
Received An Income Tax Notice? Here’s What You Need To Know To Stay Compliant & Penalty-Free
Received An Income Tax Notice? Here’s What You Need To Know To Stay Compliant & Penalty-Free Receiving an income tax
Updates to Income Tax Notification: Amendments in Schedule CG and New Deductions for Sikkim
The CBDT issued Corrigendum vide Notification No. 53/2025 dated May 30, 2025 makes amendments to a previous Income Tax notification (G.S.R. 290(E),
Income Tax Department Enhances Scrutiny with Real-Time Claim Verification
June 1, 2025 – In a significant move towards bolstering tax compliance and curbing fraudulent claims, the Income Tax Department has