Government Issues Clarifications in the form of Fourth Set of Frequently Asked Questions (FAQs).  The Income Declaration Scheme, 2016 provides an opportunity to persons who have not paid full taxes in the past to come

The Income Tax Department is going to launch its new E-filing portal on June 7th, 2021. In preparation for this launch and for migration activities, the existing portal of the Department at www.incometaxindiaefiling.gov.in would not

The Finance Minister Nirmala Sitharaman has announced that, under Vivad se Vishwas Scheme, there will not be additional 10% amount if the payment is done by June 30th, 2020. The Finance Minister also said that,

In a recent case, the Karnataka High Court held that an agreement for bulk sale of advertisement space does not amount to contract for work as applicable under Section 194 C of the Income Tax