by Sumeet Khanna | Dec 31, 2024 | Income Tax
The Central Board of Direct Taxes (CBDT), in the exercise of its powers under sub-section (2) of section 97 of the Direct Tax Vivad Se Vishwas Scheme, 2024 (‘the Scheme’), extends the due date for determining the amount payable as per column (3) of the...
by Sumeet Khanna | Dec 18, 2024 | Income Tax
1. The Direct Tax Vivad Se Vishwas Scheme, 2024 (hereinafter referred to as ‘DTVSV Scheme, 2024’ or ‘Scheme’) has been enacted vide Chapter IV of Finance (No. 2) Act, 2024 to provide for dispute resolution in respect of pending income tax...
by Sumeet Khanna | Apr 27, 2024 | Income Tax
INCOME TAX – (Circular No. 06/2024) PARTIAL MODIFICATION OF CIRCULAR NO. 3 OF 2023 DATED 28.03.2023 REGARDING CONSEQUENCES OF PAN BECOMING INOPERATIVE AS PER RULE 114AAA OF THE INCOME-TAX RULES, 1962, dated 23.04.2024. Circular No. 3 of 2023 dated...
by Deepanshu Joshi | Jul 1, 2023 | CBDT
The income tax department, on its official Twitter handle, has issued a clarification on PAN-Aadhaar linking for individuals facing difficulties in linking the same. The clarification has come just a few hours before the expiry of the deadline for linking PAN with...
by Deepanshu Joshi | Jun 30, 2023 | Tax
The income-tax department has launched a probe against certain social media influencers and content creators on platforms like YouTube and Instagram for allegedly not showing their income and profits commensurate with their earnings, official sources said on...