Infosys Penalized by Odisha GST Authority
Company Penalty Amount Reason Impact Infosys Rs 1,46,873 Ineligible Input Tax Credit No Material Impact Infosys Fined for Ineligible Input Tax Credit IT services major Infosys faced a penalty of…
Company Penalty Amount Reason Impact Infosys Rs 1,46,873 Ineligible Input Tax Credit No Material Impact Infosys Fined for Ineligible Input Tax Credit IT services major Infosys faced a penalty of…
No Action on TDS Short Deduction if PAN Linked with Aadhaar by May 31: CBDT The income tax department has announced that no action will be taken for short deduction…
Income Tax Return Form Filing Income taxpayers can now start filing their Income Tax Returns (ITR) for the financial year 2023-24 (assessment year 2024-25) as the Income Tax Department has…
Linking Method Steps Income-Tax Department Portal Visit incometaxindiaefiling.gov.in, the e-filing portal of the I-T department. Click on the ‘Link Aadhaar’ option under the ‘Quick Links’ section. Enter your PAN number,…
Understanding Donations and Tax Exemptions in India Donations in India stem from a desire to help others and contribute to social good, with the added advantage of potential tax savings…
Advance Tax and Self-Assessment Tax in India In India, advance tax refers to the tax that individuals, companies, and businesses pay ahead of time, rather than waiting until the end…
Aspect e-Filing e-Payment Purpose Submitting tax documents electronically Electronic payment of taxes Process File your Income Tax Return (ITR) online on the official portal Make tax payments electronically after filing…
Filing Income Tax Returns (ITR) Filing Income Tax Returns (ITR) is a responsibility that benefits both the government and individual taxpayers. It promotes a healthy tax system, ensures financial transparency,…
The GST collection in April 2024 was recorded as the highest ever at Rs 2.10 lakh crore, according to the latest official data. The collection figures follow the rising trend…
Tata Motors Ltd Receives Tax Demand of Nearly Rs 25 Crore Tata Motors Ltd on Wednesday announced that it has received a tax demand of nearly Rs 25 crore, including…