Tag: Taxpayer Relief

Rulebook reset
Posted in Economy

New I-T Act framework notified; taxpayer relief with stricter compliance from April 1

New Delhi: The Central Board of Direct Taxes on Friday notified the rules to operationalise the new simplified Income Tax Act, with a mix of…

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I-T Portal Glitch Triggers Penalty Woes for Cos
Posted in Economy

I-T portal glitch triggers penalty woes for companies

Mumbai: Many companies are staring at steep penalties with the Income Tax (I-T) portal rejecting their advance tax payment due to a technical hitch. Their…

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