The CBDT has made tweaks in Form 16 regarding tax deductions and benefits. These changes aim to provide clearer details on ...

For tax purposes, business trusts such as REITs, InvITs, and certain AIFs get pass-through status and are not taxed on the ...

The CBDT circular has been issued on 20 February 2025, and it will be applicable to the tax returns of the financial year ...

Nearly 40,000 taxpayers are being investigated by the Central Board of Direct Taxes (CBDT) in relation to tax deductions they ...

Recently, the Delhi High Court held that Central Board of Direct Taxes (CBDT) cannot impose limitations to extinguish rights ...

The changes are effective from Monday and hence, going forward, any compliance required, especially for financial year ...

The focus will be on habitual violators, cases showing significant gaps between tax deductions and advance tax payments, ...

The Central Board of Direct Taxes has implemented new rules requiring business trusts to file income distribution statements ...

In a circular issued on Thursday, CBDT highlighted that penalty is applicable where tax is not deducted at source on ...

The government has launched the PAN 2.0 project to improve and consolidate all PAN (Permanent Account Number) related ...

During her speech, the Finance Minister announced that individuals earning up to Rs 12 lakh will be exempt from paying taxes.