taxpayers
Taxpayers beware! Claiming false HRA through ITR may land you in problem
The format of Form-16 has been changed to make it in sync with the format of Income Tax return (ITR).
No change in ITR forms, only utility software updated: CBDT
IT Dept issued a statement saying the updating process of these forms' utility software does not hamper filing of returns.
Honour, privileges await top tax payers
The idea behind the initiative is to create exclusive membership to clubs that exude not only social status but also honour.
GST Council may consider national bench of AAAR next month
Industry is of the view that since both the AAR and AAAR only have tax officers as members.
FinMin brings in changes in e-way bill system to check GST evasion
Electronic way or e way bill was rolled out in 2018, for moving goods worth over Rs 50,000 from one state to another.
Composition scheme biz to now file simplified 'self-assessed' GST return quarterly
Composition scheme businesses will file the April-June quarter returns in July as per the new format.
GST officials detect tax fraud of Rs 224 crore by 8 companies
The fake invoices generated by them involved about Rs 1,289 crore of value and input tax credit of about Rs 224 crore.
Link your PAN with bank for refunds: I-T to taxpayers
The department said refunds will be sent to bank accounts as it will issue only e-refunds from March 1, 2019.
Only 1.5 lakh persons declared income above Rs 1 crore
Above 1.5 lakh persons have declared their annual income over Rs 1 crore till now during in the assessment year 2018-19: Sushil Chandra.
Budget 2019: Direct tax collection shoots up to Rs 12L cr from Rs 6.38 lakh cr
GST collections in January 2019 has crossed Rs 1 lakh crore.