Income like rent on house property, annual value of property “deemed” to be let out are considered as income from House Property and is taxable in hands the hand of… Read more »
Ref: CBDT Circular No. 9 dated 28/06/2023 CBDT has extended the dates of filing for the TDS Return (Forms 26Q & 27Q only) and TCS Return (Form 27EQ) as per… Read more »
To ease the compliance burden, CBDT (Central Board of Direct Taxes) vide Circular No. 11 of 2021 dated 21st June 2021, has announced a new functionality that will help Tax… Read more »
Salaried employees form the major chunk of the overall taxpayers in the country and the contribution they make to the tax collection is quite significant. Here we shall cover major… Read more »
Employee Provident Fund (EPF) was earlier not subject to tax and was tax-free in the hands of the employee. When a contribution was made, the employee could claim an income… Read more »
The long awaited File Validation Utilities (FVUs) has been launched by the Income Tax Department, effective from 1st September 2023, which are as follows: FVU Version 8.2 – Applicable for… Read more »