WebTax Revenue: Total own tax revenue of Bihar is estimated to be Rs 34,750 crore in 2024-21, an increase of 1.9% over the revised estimates of the previous year. The own tax to GSDP ratio is targeted at 5.1% in 2024-21, which is lower … WebMay 10, 2024 · The Government of Bihar extends the “Bihar Settlement of Taxation Disputes Act, 2024" for a period of 3 months. ... The Mumbai bench of Income Tax Appellate Tribunal (ITAT) while set-aside the assessment order passed by the assessing officer (AO) held that, notice issued under section 148 of the Income Tax Act 1961 lacks jurisdiction. ...
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WebDec 11, 2024 · December 11, 2024 by Shruti Pandey. Income certificate, an assessment of your family’s overall income, is an official document that is required to avail benefits offered by the government through various subsidies and scholarship schemes. It highlights the annual income of the applicant and his/her family members from various sources. WebFeb 28, 2024 · Income from Salary or Pension is about Rs.50 lakhs Income from one house property is about Rs.50 lakh. Income from other sources is up to Rs.50 lakh (Does not include winning the lottery or horse races) ITR 4 return filing in Bihar can also be done by freelancers if in case their income is not exceeding Rs.50 lakh. bitlife developers
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WebFeb 7, 2024 · Income Tax Bihar & Jharkhand Retweeted. Business Today. @business_today "All Taxpayers Will Benefit From The New Tax Regime", Says CBDT Chairman Watch full … WebIncome Tax Offices in Bihar Gaya. The Indian Income Tax Department is administered by CBDT which is part of the Department of Revenue under the Ministry of Finance, Govt. of … WebSmall Businessmen - Benefits allowable. Small and medium enterprises contribute a major portion to the GDP and to the growth of the economy. As a matter of convenience for them, Income-tax Act extends certain benefits to them and provides relaxation from compliance with certain provisions, inter-alia, an option to compute income on presumptive basis, … databaseoperation.clean_insert