While the new income tax law replaces the Income Tax Act, 1961 and omits 13 offences, 35 actions and omissions continue to attract criminal liability under 13 provisions. Photograph: Kind courtesy......
The Indian steel industry is faced with a paradox: Rising demand and falling prices. Photograph: Amit Dave/Reuters Demand continues to surge as user industries gather pace, with the World Steel......
Form ITR-B allows the assessee to claim TDS (tax deducted at source) and TCS (tax collected at source) credit against undisclosed income. Photograph: Jitender Gupta/ANI Photo The finance......
Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source (TCS), as per a notification issued by the Income Tax department.......
The income tax department on Saturday extended the deadline for filing income tax returns by corporates by 15 days till November 15 for assessment year 2024-25. Illustration: Dominic......