CBDT issues notification of tolerance range for transfer pricing for AY 2024-25
A Notification dated October 18 was released notifying the tolerance range for AY 2024-25.
A Notification dated October 18 was released notifying the tolerance range for AY 2024-25.
It will also enable claiming TCS credit of minors in the hands of parents.
The Central Board of Direct Taxes (CBDT) on Wednesday extended the due date for furnishing income tax returns for assessment year 2022-23 to November 7 for certain categories of assessees. The earlier due date was October 31.
Income Tax department said that CBDT has issued refunds of over Rs 1.14 lakh crore to more than 1.97 crore taxpayers.
The observance of the Income Tax Day served as an occasion for the Departmental personnel to look back at the journey so far in service to the nation and to re-dedicate themselves to contributing to the growth of the nation.
Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22.
