The move to the Income-tax Act, 2025 marks a significant step towards simplification and clarity in tax laws.
To facilitate taxpayers/stakeholders during this transition, the Income Tax Department has introduced a parallel reading functionality that enables users to:
▶️Map old provisions to the corresponding new provisions.
▶️Compare provisions of the Income-tax Act, 1961 and Income-tax Act, 2025 side-by-side.
Here’s the direct link to the utility on our website:
https://t.co/wRvpdgMU9g
@nsitharamanoffc@officeofPCM@FinMinIndia@PIB_India
KIND ATTENTION TAXPAYERS!
✅Income tax Department carries out nation-wide verification exercise on Restaurants suppressing turnover
✅The Department commences SAKSHAM NUDGE campaign to guide and advise taxpayers to correct their mistakes.
✅In the first phase, emails and messages will be sent to the identified restaurants.
✅Please file updated returns u/s 139(8A) of the Income Tax Act before 31 March 2026
@nsitharamanoffc@officeofPCM@FinMinIndia@PIB_India
@TaxBuddy1 Looks like this is not awareness, Instead misguide to people. If husband buys property in the name of wife clubbing provisions will definitely apply
The symbolism and the meaning of this moment for all Indians is not to be spoken about—it is only to be imagined…
CHAK DE INDIAAAAAAAAAA!
#GukeshDing#WorldChampion