Tag: CBDT
New CBDT Compounding Guidelines Offer Relief for Taxpayers Facing Income Tax Offences and Help Prevent Prosecution
Revised Guidelines for Compounding Offences Under the Income Tax Act, 1961
The Income Tax Department of India has recently revised its guidelines for the compounding...
New Relief for Income Taxpayers: CBDT Permits Others to Claim TCS Credit for Taxes Paid on Expenses Such as Foreign Travel and Study Abroad
Understanding the Recent Amendment in Income Tax Laws Regarding TCS Credit
The Central Board of Direct Taxes (CBDT) has recently revised income tax laws to...
New Form Introduced to Lower TDS from Salary: CBDT Releases Form 12BAA for Employees to Report Additional Taxes Paid
Understanding the New Form 12BAA: A Game Changer for TDS and TCS Adjustments in Salary
The recent Budget 2024 announcement has brought significant changes to...