60 TDS rules with 10 TDS rates make life difficult for taxpayers: Can Budget 2025 cut TDS rates to 3?
The Union Budget 2025 presents a crucial opportunity to streamline and simplify TDS and TCS rules, enhancing clarity, ...
Republic Day: 7 Tax Reliefs Likely In Budget 2025 For Financial Freedom; New Or Old Tax Slabs, Which Is Better
Republic Day marks the adoption of the Constitution of India, meaning the establishment of three pillars as Sovereign, ...
Tax Guru10h
Do Taxpayers Need to Refile for Foreign Income?
Payments received in INR may nevertheless be classified as foreign income depending on: The location of the source or client. The nature of the transaction. Accurate classification in the tax return ...
Recreation rooms for IT officials inaugurated in Tiruchi
Chief Commissioner of Income Tax inaugurates recreation rooms for officials in Tiruchi during Pongal and Tamil Heritage festival.
Daily2h
IT Dept searches offices, manufacturing facilities of Akums Drugs, its subsidiaries
The Income Tax Department has searched the offices and manufacturing units of a contract development and manufacturing ...
Kentucky Today15h
Revenue department bringing new business tax portal online March 14
The Department of Revenue (DOR) announced on Wednesday that a new business tax portal is projected to launch on March 14, ...
PPT guidance: CBDT grandfathers treaty benefits with Mauritius, 2 more nations
The Central Board of Direct Taxes (CBDT) in its guidance note on PPT also clarified that the grandfathering provisions under ...
Presumptive tax benefit extended to non-resident cruise ship owners
The government has notified presumptive tax for non-residents engaged in the business of operation of cruise ships. The move ...
montanafreepress9h
Gianforte-backed property tax measure would offer homeowner relief by raising taxes on second homes, Airbnbs
A property tax relief measure touted by Gov. Greg Gianforte as his signature response to widespread public angst over rising ...
Pushpa 2 The Rule Director Sukumar Under Income Tax Department's Scrutiny: Report
Sukumar, director of the Pushpa franchise, is under scrutiny by the Income Tax department after raids on his properties. The ...
Tax Guru6h
Income estimated at 8% since assessee failed to substantiate its claim of 5%: ITAT Chennai
ITAT Chennai held that estimation of 8% as income on the total receipt by AO is justifiable since assessee failed to substantiate its claim of earning 5% commission on total receipt. Accordingly, ...