Page 44 - Finance Act News Today

While setting aside the order passed by CIT(A) and emphasizing on the safe harbour limit, the Mumbai ITAT held that the assessee is entitled to the benefit of Section 50C of Income Tax Act, 1961.The...

The Chandigarh Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) allowed the service tax exemption to Yamaha Motors subsidiary and held that advisory support services relating to...

Get latest articles and stories on World at LatestLY. The week-long sit-in has been postponed for three weeks and along with it, Etihad Chowk has also been vacated, after negotiations between the Pakistan government and the Awami Action Committee, as reported by Pakistan vernacular media, the Daily K2. World News | Gilgit Baltistan: Awami Action Committee Postpones Sit-in, Says Movement Not over.

The Attorney General stated that the financial stress faced by Kerala is purely due to its financial mismanagement.

Minister of State for Finance Pankaj Chaudhary stated that the government has not made a decision to introduce plastic notes. The government is continuously working to improve the durability and counterfeit resistance of Indian banknotes. According to the RBI Annual Report 2022-23, no cost has been incurred on the printing of plastic notes.

Income taxpayers are advised to plan their activities accordingly as services on the e-filing portal will be restricted till early February 5 for scheduled maintenance

Northlines Newsdesk The deadline for filing ITR-2 and ITR-3 is set for July 31, 2024. However, taxpayers subjected to income tax audit and possessing business income are required to submit ITR-3 by October 31, 2024. New Delhi, Feb 04: The Income Tax department has notified 7 different forms for return filing -- ITR-1, ITR-2, ITR-3,

Income tax refund: Individuals who have pending income tax refund due to the fact that their income tax return (ITR) was not processed by the income tax department would now get their income tax refund by April 30, 2024. However not all individuals would get tax refund, read here to know who gets and who does not.

Earlier, ITR-1 and ITR-4 for the A.Y. 2024-25 were notified dated 22.12.2023. All ITR Forms 1 to 6 have since been notified and will come into effect from 1st April, 2024.

In the 30th phase, 540 bonds with a face value of Rs 1 crore were issued to anonymous donors who are believed to be businessmen and corporates. In fact, over 94 per cent of the bonds were of Rs 1 crore face value in most of the 30 phases.