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Tax Filing Woes? Here’s How to Fix Mismatches

Monika Shanmugam - 0
In a recent announcement, the Income Tax Department has flagged discrepancies between filed Income Tax Returns (ITRs) and financial transaction data for the assessment...

Taxpayers Urged to File Form ITR-U to Avoid Penalties

Akash G Varadaraj - 0
In order to correct any errors in their prior filings, taxpayers nationwide are being requested to file their latest Income Tax Return Form ITR-U...

Unlocking Tax Savings: Top Strategies for ITR Filing 2023-24 Revealed!

Monika Shanmugam - 0
As the income tax filing season dawns upon us, it's natural to feel the weight of stress and confusion, but fret not, for there...

Trichy Corporation Tax Triumph: 85% Collection Surge Targets Defaulters

Akash G Varadaraj - 0
Trichy Corporation tax collection has increased by 85%, focusing on defaulters. Legal ambiguities persist, fueling civic action. Trichy Corporation has significantly improved its tax...

Tax Department Grapples with Glitches in Advance Tax Campaign

Akash G Varadaraj - 0
 With respect to the income tax department's latest campaign urging taxpayers to pay advance tax in alignment with their financial transactions, a glitch in...

Missed Deductions? Tamil Nadu Allows Updated Tax Returns for Past 2 Years

Akash G Varadaraj - 0
The Income Tax Department of Tamil Nadu and Puducherry recently announced a significant opportunity for taxpayers. They can now make amendments to their tax...

Bombay High Court Rules: Service Tax Not Applicable For Ocean Freights

Akash G Varadaraj - 0
The Bombay High Court has rendered a significant verdict concerning the payment of service tax not applicable for ocean freights or sea transportation services,...

Karnataka Hikes Vehicle Registration Prices, Electric Cars Face Lifetime Tax

Akash G Varadaraj - 0
The new Karnataka tax law intends to provide social insurance for workers. Karnataka Hikes Vehicle Registration Prices, and introduce a lifetime tax for electric...

ITAT: TDS Credit Can Be Claimed in the Year Income Reported and Can’t Be Carried Forward to Subsequent Years

Monika Shanmugam - 0
In a significant case, DCIT vs Cicon Engineers Private Limited, the Income Tax Appellate Tribunal (ITAT Bangalore) delves into the intricate relationship between Tax...

Tax Tribunal Provides Relief to Congress, Allows Operation of ‘Frozen’ Accounts

Monika Shanmugam - 0
In a dramatic turn of events, Congress Treasurer Ajay Maken's announcement of the freezing of the party's bank accounts sent shockwaves through the political...
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