CBDT amends Rule 44G of Income-tax Rules 1962

May 07, 2020

New Delhi [India], May 8 : Central Board of Direct Taxes on Thursday has amended Rule 44G of Income-tax Rules, 1962 for making an...

Centre amends Income-Tax Rules to ease authentication of electronic records

Sep 07, 2021

New Delhi [India], September 7 : With the aim to ease authentication of electronic records submitted in faceless assessment proceedings, the central government on...

Freezing of Congress accounts: Income Tax department has done its duty, says Bommai

Mar 22, 2024

"The Congress party has not paid income tax every year and hence, the Income Tax department has done its duty. By not following the...

Taxpayers aged between 18 to 35 years filed 2,09,06,829 ITRs till Jan 31: Centre

Feb 07, 2023

As per Income-tax Act, 1961, tax is calculated and collected based on total income returned in Income tax Returns (ITR).

CBDT notifies rule for valuing rent-free accommodation perquisite provided by employers

Aug 19, 2023

Board of Direct Taxes, the Central Board of Direct Taxes (CBDT) on Saturday notified amendments to the Income Tax Rules for valuing perquisites of...

"Congress is a corrupt party, didn't follow income tax rules," says BJP's Nishikant Dubey

Apr 01, 2024

Bharatiya Janata Party (BJP) leader Nishikant Dubey lashed out at the Congress party, stating that they did not follow the income tax rule and...