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Buying a Car Over ₹10 Lakhs? Don’t Forget the Hidden 1% TCS Cost
Introduction When a big purchase like a car is on the horizon, most of us research models, compare mileage versus luxury, check loan EMIs, and ...
![Tax Effect Less than ₹60 lacs: ITAT Dismisses Revenue Appeal Respecting CBDT Circular [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/04/tax-effect-site-img.jpg "Tax Effect Less than ₹60 lacs: ITAT Dismisses Revenue Appeal Respecting CBDT Circular [Read Circular]")
Income Tax Dept to Focus on Simplification, Bizmen Friendly Administration: CBDT Chairman about New Income Tax Law
The Central Board of Direct Taxes (CBDT) has renewed its efforts to simplify India's Income tax system, with focus on building trust and supporting economic growth. In a recent interview with the...
Relief to Shapoorji Pallonji: Andhra Pradesh HC remands GST matter seeking Refund of TDS in Electronic Cash Ledger [Read Order]
The Andhra Pradesh High Court recently granted relief to Shapoorji Pallonji Group, directing the remand of a Goods and Services Tax ( GST ) dispute regarding the refund of Tax Deducted at Source (...
![Relief to Shapoorji Pallonji: Andhra Pradesh HC remands GST matter seeking Refund of TDS in Electronic Cash Ledger [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Shapoorji-Pallonji-Andhra-Pradesh-HC-GST-Refund-TDS-Electronic-Cash-Ledger-taxscan.jpg "Relief to Shapoorji Pallonji: Andhra Pradesh HC remands GST matter seeking Refund of TDS in Electronic Cash Ledger [Read Order]")
Lower TDS for Salaried Employees: Net TDS/TCS Benefits to Be Included in Statements from January 2025
From January 1, 2025, salaried employees will experience a huge improvement in the way their Tax Deducted at Source (TDS) is calculated. The new system will ensure that the tax deducted on salaries...
