i-t department - AnpTaxCorp

SFT Reporting Errors Detected by I-T Dept after Sending Advance Tax Notices; Taxpayers to Await Further Updates

13 March 202413 March 2024 by Adv Aditya Narayan

SFT Reporting Error Detected; Taxpayers recently receiving advance tax payment notices from the income tax (I-T) department can now breathe a sigh of relief, at least for the moment. In a recent post on X (formerly Twitter) on March 11, …

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I-T Department Notifies “Angel Tax” Rules For Valuing Investments In Startups

27 September 202326 September 2023 by Adv Aditya Narayan

The Income Tax Department has introduced new rules for valuing investments in startups, addressing concerns related to ‘Angel Tax.’ Effective from September 25, these changes to Rule 11UA of the Income Tax Act offer more flexibility to taxpayers by allowing …

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