Section 271AAD was introduced by Budget, 2020 wherein penalty was introduced for issuing fake invoices or omission of any entry....

Budget 2021 was presented on 01.02.2021 in the parliament. Although there was no major announcements in the Budget for common...

Budget 2021, was presented in Parliament on 01.02.2021 wherein although very few amendments were introduced in Direct tax as compared...

Although the soul of the person leaves the body after his/ her death but the Income tax department can still...

Finally the due dates for filing original Income tax return is over for most category of people except for those...

As we know that under Income Tax and many other law as well government is trying to increase the use...

In our earlier post we had discussed in brief various changes made by Budget 2021 to Income tax and GST....

CBDT further extends the date for filing of declarations under the #VivadSeVishwas Act, 2020 to 28th February, 2021. Notification in...

Amendment made by Finance Act: 2020 which are going to be applicable from AY 2021-22 are as under: Amendment to...

As Budget 2021 is round the corner, the major part of budget is Direct Taxes and in direct tax one...

Amount of remuneration prescribed under section 9A(3)(m) of the Income-tax Act, 1961 Finance (No 2) Act, 2019, inter alia, amended...

After the success of Faceless Assessment and Faceless Appeal in Income tax now CBDT has even launched Faceless penalty scheme...

Income tax return is an important yearly compliance which is done by most of the individuals. Initially the due date...

As we had mentioned in our earlier post that Income tax department has extended various due dates under Income tax...

The due date for filing of Income tax return for FY 2019-20 was extended to 15.02.2021 for companies and taxpayers...