As startup founders and industry stalwarts continue to protest over angel tax notices sent by the Income Tax (I-T) department, the Central Board of Direct Taxes (CBDT) has finally issued a delay ...
Income Tax Refunds: New CBDT rules give the Commissioner of Income Tax (CPC), headquartered in Bengaluru, the power to fix obvious mistakes in tax orders. This will help correct errors faster, cut ...
Syngkon on Thursday met Union Finance Minister, Nirmala Sitharaman and urged her to reconsider the CBDT Notification of 2021, which introduced a monetary threshold of Rs 20 lakh for interest income ...
The government is seeking stakeholder suggestions for the new Income-tax Act, 2025, which will be effective from April 1, ...
Draft Income-tax Rules and Forms have been released for public feedback before the new law takes effect, with inputs to shape the final ...
The Central Board of Direct Taxes (CBDT) on Tuesday (March 5) said that startups which received assessment notices under Section 56 (2) (viib) of the Income Tax Act (I-T Act) will be exempt from Angel ...
The government has urged stakeholders to study the Income-tax Act, 2025, and make suggestions, which will be compiled and considered for review before final notification. The Income-tax Act, 2025, ...
According to officials, the proposed rules have been recast to match the framework of the Income-tax Act, 2025, with a focus ...
The Punjab & Haryana High Court and Himachal Pradesh High Court have extended the income tax return filing deadline for audit cases to November 30, 2025. These rulings follow a similar directive from ...
The Central Board of Direct Taxes (CBDT) has invited inputs and suggestions from stakeholders for the Income-tax Act, 2025, ...
In a significant step towards making India’s new tax regime more taxpayer-friendly, the Central Board of Direct Taxes (CBDT) on Sunday invited stakeholders to submit inputs and suggestions on the ...