ITR Filing: CBDT Issues Circular To Tweak Form 16, Form 24Q, Salary Definition And Surcharge Rates
This new CBDT circular, released on February 20, 2025, makes changes in Form 16 and Form 24Q, expands definition of 'salary' to include Agniveer fund contribution, tweaks perquisite taxation, and ...
40,000 Taxpayers Under Lens Based On Tax Deducted At Source Data
Nearly 40,000 taxpayers are being investigated by the Central Board of Direct Taxes (CBDT) in relation to tax deductions they ...
Market regulator gets new chief: Tuhin Kanta Pandey appointed SEBI chairman
Tuhin Kanta Pandey, a veteran IAS officer from the 1987 batch, is set to take the helm as the 11th chairman of the Securities ...
Kriti Kharbanda’s Flared Maxi Dress Is Chic, Comfy And Under Rs 5,000
Kriti Kharbanda took to her social media to share pictures of her latest look. The actor donned a green knit maxi dress which ...
Tax Guru11h
ITAT Directs CIT(E) to Consider Form 10AB Application on Merits Despite Error in Clause Selection
ITAT Chennai addressed an appeal by Sri Ramajayam Educational Trust regarding the rejection of its Form 10AB application for approval under Section 10(23C) of the Income Tax Act, 1961. The CIT(E) ...
Tax Guru6h
Capital gain cannot be treated as bogus merely on warning letter of SEBI without any incriminating material
ITAT Chandigarh held that treating capital gains earned on sale of shares as bogus merely on the basis of warning letter of SEBI without any incriminating material found during course of search ...
Kerala govt plans seaplane operations at dams, backwaters
Generally, seaplanes are amphibian aircraft that can take off and land on water. Kerala Finance Minister K N Balagopal told ...
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Income Tax Department to Send Notices to 40,000 Taxpayers – Here’s Why
Key Highlights: ✅ 40,000 taxpayers under scrutiny for TDS irregularities ✅ Notices issued for non-compliance in FY 2022-23 & ...