The Union Budget 2024-25 introduced an amendment to section 192 of the Income Tax Act, which became effective on 15 October.

The central board of direct taxes (CBDT) has notified amendments in income-tax (I-T) rules for ease in claiming credit for ...

If eligible, taxpayers can claim a refund on the TCS being withheld at the time of filing I-T returns, as per the ...

Form 12BAA allows employees to report non-salary income, helping them reduce TDS deductions from their salaries for better ...

The Central Board of Direct Taxes has notified a new form called Form 12BAA. The new form notified by the CBDT will help an ...

Central Board of Direct Taxes (CBDT) has notified amendments in income-tax rules for ease in claiming credit for TCS ...

The new form will allow employees to offset Tax Deducted at Source (TDS) and TCS collected from non-salary sources against ...

The Central Board of Direct Taxes (CBDT) has notified amendments in income tax rules for ease in claiming credit for TCS ...

Employees have to use Form 12BAA to report to employers any deductions from sources of income other than their salaries ...

CBDT has introduced Form 12BAA to enable employees to inform their employers about TDS and TCS from other income sources, ...

Reverse Charge Mechanism (RCM) to be introduced on supply of metal scrap by unregistered person to registered person provided that the supplier shall take registration as and when it crosses threshold ...

CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried ...