Man wins tax case against ₹8 lakh cash deposit notice
A taxpayer's victory over Income Tax Department reveals crucial rules about cash deposits and presumptive taxation. Learn how proper documentation saved him from unnecessary tax liability.
Category : GST & Taxation
CBDT Extends ITR Filing Deadline to December 10
Get crucial updates on the extended ITR filing deadline for FY 2024-25. CBDT official notification provides relief for corporate taxpayers and audited cases until December 10, 2025.
ITR Deadline Extended to Dec 10 for Companies
CBDT grants crucial extension for companies and entities requiring tax audit reports. New deadline December 10 provides relief for businesses navigating complex filing requirements.
Tax Audit Deadline Extended to December 10
CBDT extends tax audit filing deadline to December 10, 2024. Get crucial details about Form 3CE/3CB, who qualifies, and how this extension benefits businesses and tax professionals across India.
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ITR Deadline Extended to Dec 10 for Audit Cases
In a major relief for taxpayers, the Income Tax Department extends ITR filing deadline for audit cases to December 10 following court directives. Get all details about the extension and what it means for you.
Simpler GST Could Fuel India's Economic Growth
Leading economists propose transformative GST reforms that could boost revenue collection, simplify compliance, and accelerate India's economic growth trajectory.
Father Wins ITAT Case Against TDS Notice on Ancestral Property
Read how a father successfully challenged an income tax notice for TDS on ancestral property jointly sold with son. Key ITAT ruling explained.
I-T Dept serves notice to Pappu over funds
Income Tax Department issues formal notice to controversial figure Pappu regarding questionable financial transactions and fund sources. Investigation intensifies.
Sitharaman Urges Tax Officers to Redefine Work Approach
Finance Minister Nirmala Sitharaman calls for fundamental shift in tax administration approach, emphasizing courtesy, accountability and taxpayer assistance in GST reforms.
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Nirmala Sitharaman inaugurates new CGST Bhawan in Ghaziabad
Union Finance Minister Nirmala Sitharaman unveils the new CGST Bhawan in Ghaziabad, marking a significant upgrade to GST infrastructure that will enhance taxpayer services and operational efficiency in the National Capital Region.
Germany-India Tax Treaty Changes Hit NRI Investors
Major tax implications for NRIs as Germany-India DTAA changes eliminate capital gains tax exemption on listed Indian shares. Learn how this impacts your investments.
GST Cuts: Small Retailers Slow on Price Adjustments
Recent GST reductions on essential goods face implementation delays at local retailers. Discover why price adjustments lag despite government tax relief measures.
Punjab GST official transferred in scrap trade tax evasion probe
Punjab government transfers senior GST official amid major investigation into massive tax evasion within scrap metal trade. Deep-rooted corruption network uncovered.
Supreme Court's Landmark Tax Relief for Foreign Companies
In a groundbreaking verdict, India's Supreme Court provides crucial tax clarity for multinational corporations, settling long-standing disputes over royalty payments and transfer pricing adjustments.
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GIFT City Outbound Funds Get TCS Relief - Beats Dubai & Singapore
India's GIFT City offers major tax advantage for overseas investments. Learn how the new TCS exemption for Dubai and Singapore-bound funds creates new opportunities for investors and wealth managers.
High GST Dips Bengaluru's Deepavali Ethnic Wear Sales 30%
Bengaluru's festive season sees significant drop in ethnic wear sales as 12% GST on items above ₹1000 dampens shopping spirit. Retailers report 30% decline despite festive discounts.
India's ₹1.5L Cr GST Shortfall: Who Pays?
Massive GST revenue gaps force honest taxpayers to bear burden of widespread evasion. Analysis reveals systemic flaws in India's tax infrastructure and compliance challenges.
India's Gold Rush Defies Global Economic Headwinds
As global uncertainty rocks markets, Indian gold demand hits unprecedented levels. Discover the surprising factors driving this buying frenzy and what it reveals about India's economic resilience.
ITR Portal Upgrade: Track Tax Officer Access Live
India's income tax portal introduces groundbreaking transparency feature allowing taxpayers to monitor when officials access their submissions, eliminating uncertainty and bringing unprecedented clarity to tax assessment process.
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GST 2.0: India's Next Tax Revolution Unveiled
Discover how India's upcoming GST reforms promise to streamline logistics, boost revenue, and create a more business-friendly tax environment ahead of the festive season.
GST Rate Cuts Hinted to Boost Festive Season Sales
Finance Minister Nirmala Sitharaman signals potential GST reductions to ease consumer burden and stimulate festive season spending. Analysis of impact on prices and economy.
GST Cut Drives Dhanteras Sales Boom in Ranchi
Ranchi witnesses unprecedented Dhanteras sales as GST reduction on key items fuels festive buying spirit. Jewellery and electronics lead the retail boom.
Zomato parent gets ₹64 crore UP tax notice
Uttar Pradesh tax authorities slap Zomato's parent company with a massive ₹64.17 crore notice over alleged GST discrepancies. Get the complete breakdown of the tax demand and company's response.
CBIC Extends GSTR-3B Deadline to Oct 25
In a major compliance relief for businesses, CBIC extends GSTR-3B filing deadline to October 25, 2023. Get all details about the extension for monthly and quarterly filers and what it means for Indian taxpayers.
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GST 2.0 Brings Price Stability to Pune Diwali Markets
Pune's Diwali markets experience unprecedented price stability under GST 2.0, bringing relief to shoppers and sellers alike. Discover how simplified tax structures are transforming the festive shopping experience.
GSTR-3B Deadline Extended to October 25
Indian businesses get crucial relief as government extends GSTR-3B return filing deadline. Learn how this extension benefits taxpayers and simplifies GST compliance.
GST Reform Triggers Market Surge and Consumer Confidence Boost
India's reformed GST structure is driving unprecedented market growth and consumer confidence surge as rationalized tax slabs boost purchasing power across key sectors.
GST cuts bring bigger price drops on 30 essentials
In a major relief for Indian consumers, the recent GST rate cuts have resulted in bigger-than-expected price reductions on 30 daily-use items. The government is actively monitoring markets to ensure benefits reach common people.
Poland's Zero Tax for Parents: 2 Kids = No Income Tax
Poland introduces groundbreaking tax exemption for families with two children. Discover how this new law transforms family finances and sets new standards in European tax policy.
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GSTR-3B Deadline Extended to October 25 by CBIC
In a major relief for businesses across India, the CBIC has extended the GSTR-3B filing deadline for September 2023. Get all the crucial details about the new due date, eligibility, and what this means for taxpayers.
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