Category: Income Tax

The Central Board of Direct Taxes (CBDT) vide Notification No. 19 of 2024 dated 31.01.2024, has notified Income-tax Return Forms (ITR Form) – 2, 3 and 5 for the Assessment Year (A.Y.) 2024-25. Further, vide Notification No. 16 of 2024 dated 24.01.2024, ITR Form-6 has been notified for the A.Y. 2024-25. Earlier, ITR-1 and ITR-4 […]

The Finance and Corporate Affairs Minister Smt Nirmala Sitharaman, while presenting the Interim Union Budget for 2024-2025 in Parliament today announced that the capital expenditure outlay for the next year is being increased by 11.1 per cent to Rs 11,11,111 crore, which would be  3.4 per cent of the GDP. She said, this is in […]

In this day and age, there are very few people who have not heard of the term digital investment. In the last decade, a new realm of digital investments has accelerated into investor portfolios. The world of digital investment is a part of our everyday lives. Until recently, dealings in such an investment had no […]

The Form 26AS is an Annual Information statement under Income Tax. The Form 26AS shows various data details like Tax Deducted and Collected at Source, Advance Tax, and Self – Assessment Tax. Similarly, it also displays the specified financial transactions like demand, Refund Pending, and completed Proceedings for a taxpayer’s PAN as per the Income-tax […]

28.03.2023: The last date to link your Aadhar Card with the PAN is extended till 30th June 2023 with a late of Rs. 1000/-. Thus, Aadhar pan card linking gets further extension till 30.06.2023. However, the Govt. has not waived the late of Rs. 1000/- for the linking process. Since Aadhar pan link last date […]