Income Tax dept. tax-payer friendly and technology-driven, says CCIT
The Department of Income Tax, which is known to be enforcement centric, is tax-payer friendly and technology-driven, said Chief Commissioner […]
GST compensation cess is gone. Why SBI Research says states will still gain ₹1.43 lakh crore
The discontinuation of the GST compensation cess has triggered concerns that states could lose a major source of revenue. However, a new
Income tax e-filing portal suffers major outage ahead of July 31 ITR deadline
The Income Tax Department’s e-filing portal reportedly suffered a major technical outage on Friday afternoon, leaving taxpayers, chartered accountants (CAs),
Rs 5 Lakh Crore Tax Backlog: Sitharaman Pushes CBDT To Step Up Appeal Disposals
Finance Minister Nirmala Sitharaman on Friday asked the Central Board of Direct Taxes (CBDT) to step up efforts to dispose
India has laid the foundation for a prudent tax administration
Taxation is not a new concept to India. Historical records from ancient India, including Kautilya’s Arthashastra, reveal sophisticated systems of taxation
India allows FDI in ecomm inventory model for exports
India on Thursday eased its FDI policy to allow foreign direct investment in the inventory-based model of ecommerce exclusively for export purposes, in a move to
FM Sitharaman urges I-T Dept to address mounting tax appeals, outlines ‘5 Rs’ for taxpayer convenience
Finance Minister Nirmala Sitharaman on July 24 urged the Income Tax Department to focus of ‘five R’s’ in a bid
Income Tax Department disposed over 2.24 lakh appeals in FY26: CBDT Chairman Ravi Agarwal
The Income Tax Department in the previous financial year has not focused merely on “disposal of appeals, but on reducing
Voluntary Tax Payment Does Not Bar Proceedings Under Section 74 Where Suppression Allegation Remains Uncontested
The Hon’ble Patna High Court in the case of Manju Devi Agarwal v. Central Board of Indirect Taxes and Customs
CBIC Clarifies Procedure for Departmental Appeals Before GST Appellate Tribunal (GSTAT) in DGGI Cases
The Central Board of Indirect Taxes and Customs, under the Department of Revenue, Ministry of Finance, has issued Circular No.
