Recently, CBDT has vide circular Dt. 10/2021 Dt. 25.05.2021 has clarified that although it has issued relaxation for filing of...

Accordingly still net worth of the unit is considered as cost of the unit and fair market value of the...

If we look at that circular we come to know that CBDT has extended due date for TDS return and...

Hon'ble Supreme court in case of Commissioner of Income Tax-I Versus M/s. Reliance Energy Ltd. (Formerly BSES Ltd.) through its...

Hence, as far as Income tax act is concerned rates in force for section 195 shall be rates defined under...

Yesterday we saw that CBDT has extended few due dates such as due date for ITR, Tax audit report, TDS...

CBDT has vide circular No. 9 of 2021 has extended various due dates under Income tax act for AY 2021-22...

CBDT has made an announcement wherein it has been mentioned that CBDT is going to launch new income tax e-filing...

Now, recently CBDT has released instructions to it's officers that details of cases selected for scrutiny under CASS, 2020 for...

Hon'ble Bombay High court in case of Vrinda Sharad Bal Vs. The Income Tax Officer, Ward 22(3)(5), Mumbai  and others...

Now let's have a look at the income head wise difference between the two provision. As we know there are...

Now CBDT has released rate chart for same so that people can deduct correct TDS. It is important to note...

However, it is advisable to not rely on this information completely and also take assistance of a tax expert for...

The Finance Ministry has not issued any directive to CBDT in this regard. Further, unlike as reported, the CBDT has...

Thus, from the above order inference could be drawn that once a revised return is filed a new return comes...