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The Income Tax department seeks public input for revising the decades-old I-T Act for simplification, litigation reduction, ...

The CBDT has opened the floor for public input, allowing stakeholders, experts, and the general public to contribute to this ...

One of the newest measures the federal Liberal government has taken to increase housing supply is to change the mortgage ...

The Central Board of Direct Taxes (CBDT) has constituted an internal committee to carry out an exhaustive review of the ...

A review of India’s Income Tax Act should acknowledge substantive issues that must be addressed to improve the ease of doing ...

To further facilitate compounding for companies and Hindu Undivided Families (HUFs), the requirement for the main accused to ...

The review aims to simplify compliance processes and reduce litigation, contributing to the broader goals of direct tax ...

Income Tax Department seeks public input for comprehensive review of Income-tax Act, 1961 to simplify, reduce litigation, ...

ITAT Ahmedabad held that self-assessment tax paid by the assessee losses its character as self-assessment tax once it got adjusted against the tax liability determined in regular assessment. Thus, ...

In conformity with the Finance Minister’s budget announcement on simplification and rationalization of compounding procedure, ...