ITR Filing Deadline Extended: CBDT Grants Relief to Resident Individuals Until 15 January 2025
The Central Board of Direct Taxes (CBDT) has announced a significant extension for the filing of belated or revised Income Tax Returns (ITR) for...
MAS Team | 31 December 2024
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Essential Things to Know Before ITR Filing in 2025
The landscape of income tax filing in India has undergone significant changes as we approach the 2025 filing season. Under the new tax regime,...
MAS Team | 31 December 2024
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Finance Ministry Mandates Virtual Hearings for GST and Customs Proceedings
The finance ministry has mandated that all quasi-judicial and appellate authorities dealing with Goods and Services Tax (GST), customs, and excise...
MAS Team | 11 November 2024
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New Capital Gains Tax Rules for Gold Investments in 2024
The Indian government has implemented revised capital gains taxation rules across all asset classes, including gold, effective July 23, 2024. These...
MAS Team | 31 October 2024
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CBDT Introduces Form 12BAA to Streamline TDS Adjustments for Employees
The Central Board of Direct Taxes (CBDT) has unveiled Form 12BAA, a new mechanism for employees to report tax deductions from non-salary sources to...
MAS Team | 18 October 2024
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CBDT Amends TCS Credit Rules to Benefit Taxpayers
The Central Board of Direct Taxes (CBDT) has introduced a significant change to the Tax Collected at Source (TCS) credit system. As per a...
MAS Team | 18 October 2024
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Income Tax Department Warns Taxpayers Against Refund Scams
The Income Tax (IT) Department has issued a strong advisory to taxpayers, cautioning them against falling prey to online scams related to income tax...
MAS Team | 23 August 2024
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CBDT Unveils Comprehensive Central Action Plan to Strengthen Tax Administration and Compliance
The Central Board of Direct Taxes (CBDT) has released its Central Action Plan (CAP) for the FY24-25, outlining a comprehensive roadmap for the Income...
MAS Team | 23 August 2024
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Capital Gains Tax on Property: A Complex 'Give and Take' Scenario
In a recent development, the government has introduced significant changes to the long-term capital gains (LTCG) tax provisions for property. These...
MAS Team | 09 August 2024
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Taxpayers Face Glitches on Income Tax Portal Ahead of Filing Deadline
As the deadline to file income tax returns (ITR) for the assessment year 2024-25 approaches on July 31, taxpayers continue to face technical glitches...
MAS Team | 19 July 2024
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Income Tax Department Reminds Taxpayers to Link PAN with Aadhaar by May 31 Deadline
The Income Tax Department has issued a stern reminder to taxpayers to link their Permanent Account Number (PAN) with Aadhaar by the impending...
| 29 May 2024
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Early Bird Tax Filing: I-T Department Receives Impressive Response in FY24-25
The Income Tax (I-T) Department has witnessed an impressive response from taxpayers in the first month of the Assessment Year 2024-25 (FY24-25),...
MAS Team | 06 May 2024
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RBI Announces Early Redemption Prices for Sovereign Gold Bonds
The Reserve Bank of India (RBI) has recently revealed the early redemption prices for Sovereign Gold Bonds (SGBs) from the 2017-18 Series IV and...
MAS Team | 26 April 2024
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Tax Benefits for Senior Citizens: Understanding Section 80TTB
Section 80TTB of the Income Tax Act presents senior citizens with advantageous tax benefits concerning the interest income garnered from various...
MAS Team | 15 February 2024
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CBDT Announced Advance Notification of Income Tax Return Forms for AY 2024-25
In a proactive move, the Central Board of Direct Taxes (CBDT) has unveiled Income Tax Return Forms well ahead of time for the Assessment Year 2024-25.
MAS Team | 05 February 2024
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Robust Growth in Direct Tax Collections Sets Positive Tone for Fiscal Year
India's gross direct tax collections have exhibited a robust performance, surpassing last year's figures by 17.5%, according to data released by the...
MAS Team | 10 November 2023
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TCS Rates Hiked for Forex Outward Remittances on overseas investments
The government of India has announced an increase in the tax collection at source (TCS) rates for forex outward remittances made by resident...
MAS Team | 27 September 2023
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Income Tax Returns Processing Time Reduced to 10 Days
The Central Board of Direct Taxes (CBDT) announced a significant reduction in the average processing time for income tax returns (ITRs) following...
MAS Team | 07 September 2023
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Ensure Validity of Your Income Tax Return: Complete E-Verification Today
The income tax return (ITR) filing process is a crucial financial responsibility, and its completion entails more than just submitting the necessary...
MAS Team | 30 August 2023
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Dear Investor,
In case of any grievance / complaint :
In case of any grievance / complaint :
- Please contact Compliance Officer Pankaj Raheja at [email protected] and Phone No. - 91-22-35131664.
- You may also approach CEO Debashis Basu at email- id [email protected] and Phone No. - 91-22-35131664.