Income Tax Act 1961

Woman not a chattel, marriage won't take away her identity: Supreme Court strikes down 'discriminatory' Income Tax rule

The verdict was delivered by a bench of Justices M R Shah and B V Nagarathna observed.

Jan 14, 2023, 10:29 AM IST

Tax Audit Due Date for AY2022-23: Taxpayers, CAs demand last date extension; CBDT responds

Tax Audit Date Extension: The CBDT has extended tax audit last date by a week.

Sep 30, 2022, 19:42 PM IST

Good news for taxpayers! Check how new Income Tax guidelines will benefit you

The Central Board of Direct Taxes (CBDT) has come out with revised guidelines for compounding of some offences under the Income Tax Act, 1961.

Sep 19, 2022, 09:06 AM IST

5 advantages of filing ITRs on time: Here’s why you should submit income tax return before deadline

As per tax laws in India, it is mandatory to file your ITR or income tax returns because it serves as a form used to file information about your income and tax to the Income Tax Department.

Jul 21, 2022, 18:23 PM IST