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

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

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

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

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 ...

The tool is available on the official income tax website and helps users compare provisions of the new bill with the current ...

The CBDT issued a comprehensive circular outlining stringent penalties for employers failing to deduct TDS for the assessment ...

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

In a major relief for salaried individuals, the maximum exemption for leave encashment at the time of retirement for ...