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7 posts in `actions` tag

Income Tax Raids Investigate Trident Group Financial Transactions Compliance

The Trident Group, established during the early years of India's economic liberalization, has expanded its presence in various industries.

Government India Launches Mera Bill Mera Adhikaar Scheme Promote Billing Culture

The main goal of the "Mera Bill Mera Adhikaar" scheme is to create a behavior change where consumers actively ask for invoices as their right.

Clarification by IT Department: Actions for NRIs with Inoperative PAN Cards Explained

When foreign citizens and OCIs (Overseas Citizens of India) apply for PAN cards under resident status but fail to correct or update their status with the Jurisdictional Assessing Officer or haven't filed an Income Tax Return (ITR) in any of the previous three assessment years, their PAN cards become inoperative.

8 Financial Transactions You Can Still Do with an Inactive PAN Card: Exploring Possibilities

Having an inactive PAN can pose challenges for individuals when conducting certain transactions. However, there are specific transactions that can still be carried out with an inactive PAN, For more information, refer to the following article.

Deposit 2000 notes without attracting income tax notice

Notice RBI: There has been a decrease in the overall worth of Rs. 2000 notes in circulation, accounting for approximately 10.8% of the total as of March 31, 2023, which is around Rs 3.62 lakh crore.

RBI Will Withdraw 2000 Notes From Circulation

In order to ensure operational convenience and to avoid disruption of regular activities of bank branches, the exchange of Rs 2000 banknotes into banknotes of other denominations can be made upto a limit of Rs 2000/- at a time at any bank starting from May 23, 2023,

Newly inserted 7th Proviso to Section 139

Who all are required to file return of income under newly inserted 7th Proviso to Section 139(1) of IT Act, 1961.