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Income Tax TRACES Portal new functionality: Dept enables lower/nil TDS Application Facility against Excessive TDS Deductions
In a recent TRACES Portal update, individuals encountering high TDS deductions beyond their tax liability under the Income Tax Act now have the...
Govt may Defer Implementation of Section 43B(h), Hope to Medium-Large Scale Industries with MSE Suppliers
The Indian government is contemplating the deferment of Section 43B(h) of the Income Tax Act 2013, originally revised to expedite payments for micro and small businesses, in response to appeals from...
Coimbatore Customs and DRI Seizes 789g of Gold Concealed within Rechargeable Lamps and Emergency Light Batteries
The officers from the Air Intelligence Unit ( AIU ), Coimbatore Customs, and the Directorate of Revenue Intelligence ( DRI ) in Coimbatore intercepted a male passenger who had arrived from Mumbai on...
