Tax

Switzerland MFN withdrawal: Pay 10% tax instead of 5% on dividend income from January 1, 2025; know how it will impact taxpayers

Bitcoin taxation: Only Rs 33 lakh income tax liability on Rs 6.69 crore gain by selling Bitcoin for an Infosys employee, rules Jodhpur ITAT

Bitcoin taxation: Only Rs 33 lakh income tax liability on Rs 6.64 crore gain by selling Bitcoin for an Infosys employee, rules Jodhpur ITAT

ITR filing: December 31, 2024, is last date to file belated, revised return for FY 2023-24, what happens if you miss this deadline A belated return is filed if an individual has missed the last date to file original ITR. On the other hand, revised return is filed if an individual has made a mistake in the original and belated returns. Know what happens if belated or revised return is not filed by December 31, 2024 for FY 2023-24

Disclose foreign asset or income details in ITR by December 31, 2024 or else Rs 10 lakh penalty can apply, says Income Tax Department

ITR filing: CBDT sending emails for mismatches in ITR, AIS, high-value transactions, not filing ITR for these years The CBDT is sending email and SMS notifications to taxpayers and non-filers, highlighting discrepancies and encouraging them to file updated or late ITRs for FY 2023-24 by December 31, 2024

Vivad Se Vishawas Scheme 2024: Income Tax Department releases new FAQs on eligibility, tax amount payable; Check details here

Income Tax Department regrets issuing erroneous notices to taxpayers: Know the details

Income taxpayers can set off short term capital loss from share sale against long term capital gains: ITAT The decision is a huge relief for stock market investors who often face scrutiny during income tax assessments