Tag: CBDT

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Relief for taxpayers on HRA claims! Income Tax Department clarifies no special drive to reopen mismatch cases

HRA claims reduction: The Central Board of Direct Taxes (CBDT) has clarified that there's no special drive to reopen cases associated to House...

Brace for more ‘insignificant’ tax disputes

MUMBAI: The Central Board of Direct Taxes has expanded a listing of exceptions for submitting of appeals by I-T division with tax tribunals...

ITR-1, ITR-4: New ITR forms for income tax return filing FY24 notified by CBDT

ITR-1, ITR-4 FY24: The Central Board of Direct Taxes (CBDT) has notified the income tax return (ITR) forms ITR-1 and ITR-4 for the...

Adjust past income tax arrears with refund claims, government suggests

NEW DELHI: While promising to finish evaluation of income tax returns on the earliest and subject refunds, the government on Saturday instructed that...

Take home salary to enhance? I-T department notifies new rules for valuing rent-free accommodation by employers

In a transfer that may positively impression staff with substantial salaries and employer-provided rent-free housing, the revenue tax department has introduced revisions to...

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