FAQ No. 39 therein deals with the applicability of Scheme in cases where appeal is filed along with petition for condonation of delay. The issue and the comments as per FAQ No. 39 of the Circular is ...

The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...

In accordance with section 153 of the Income-Tax Bill 2025, senior citizens are eligible to claim a tax deduction of Rs ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

Central Board of Direct Taxes expects the Institute of Chartered Accountants of India to go through the bill ...

Taxpayers who have already selected the new tax regime in the Income-Tax Act 1961 will not need to choose it again in the ...

The new Income Tax Bill 2025, scheduled to take effect on April 1, 2026, is set to foster a more transparent and taxpayer-friendly environment, representing a historic milestone in India's tax ...

Union finance minister Nirmala Sitharaman on Thursday introduced the Income-Tax Bill, 2025 in the Lok Sabha aiming to abridge ...

Bill, to avoid confusion, uses single terms – such as ‘registered non-profit organisation’ instead of multiple terms like trust / institution etc.

The Central Board of Direct Taxes clarified that the new Income Tax Bill 2025 does not alter the scope of virtual digital ...

FM Sitharaman Introduces New Income Tax Bill in Lok Sabha - Finance Minister Nirmala Sitharaman tabled the new Income Tax Bill in the Lok Sabha on Thursday ...

Finance Minister Nirmala Sitharaman will present the new I-T Bill 2025 in Parliament at 2 pm today, amid this, we take a look ...