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Recently Income Tax Portal enabled a new option naming Discard Return.

Income tax filing can be confusing, and people often have questions about what happens when they choose to discard their unverified tax...

"Section 10AA(8) Audit Report Deadline Extended by CBDT: What You Need to Know"

The Central Board of Direct Taxes has recently issued Circular No. 18 of 2023 in the context of Income Tax. Dated October 20, 2023, this...

NEW INCOME TAX FORM 71 FOR CORRECTING TDS ERRORS

The introduction of Form 71 by the Central Board of Direct Taxes (CBDT) is a significant development aimed at simplifying and...