Documents employer should have while deducting TDS of employee – Rule 26C
When an employer employees someone one of the major responsibility under Income tax is to properly deduct TDS. Although employer...
Thursday, January 29, 2026
One time relaxation for verification of tax return for A.Y. 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20
As we know if the Income tax return filed by an assessee is not verified by the assessee within 120...
What is the different between TDS on rent u/s 194I and 194IB of the Income Tax Act
Rent is a major expense whether it's for the house in which you live or for your business place and...
Taxability on sale of shares of Flipkart – Tiger Global International Holding, Mauritius
The benefit of India - Mauritius treaty won’t be available for Singapore based company deriving its value from an Indian...
Taxability of salary for NRI earned outside India and who are stuck in India because of Covid
Indians have been working all over the world and generally used to visit India just for the vacation of a...
Functionality added on E-filing website to check status of last 3 years ITR as per section 194N
Section 194N was reintroduced by Finance Act, 2020 and same is now applicable from 01.07.2020.According to the above section any...
Rule 31A (governing TDS statement) amended by way of notification to include 194K, 194N, 194-O etc
CBDT vide notification Dt. 03.07.2020 has amended rule 31A which provides rule for TDS statement. As we know Budget 2020,...
Taxability of gratuitous payment by Company to employee’s family on his/ her death
Many a times there is situation where employee die at work place due to safety or concerns failure of machinery...
CBDT issues corrigendum to extension of time limit dt. 24.06.2020
CBDT vide notification/ ordinance dt. 24.06.2020 has extended various time limits under Income Tax. Now CBDT has issued an corrigendum...
ITR 2 for AY 2020-21 is now available for filing on e-filing website | Who can file? What are the changes in ITR 2
As we know ITR for AY 2020-21 or FY 2019-20 were notified by Income Tax department vide notification Dt. 29.05.2020. Now, on...
Did recent notification of Income Tax on 24.06.2020 extended all due dates to 31.03.2021
On 24.06.2020 a notification was issued by Ministry of Finance notifying all the extension of due dates which were announced...
ITR due date for FY 2018-19 extended | TDS return due date extended | Ordinance issued
As we know during this pandemic CBDT was issuing press release for many decisions. However such press releases cannot be...
Employee’s share of EPF deposited after due date but before due date u/s 139 allowed as deduction – 36(1)(va) | A controversial topic
ESI and PF are statutory liability of an employer if it crosses a certain number of employees as mentioned in...
Deduction partner remuneration while declaring income under Presumptive taxation scheme
Under Income Tax act, a few sections have been added which are known as presumptive taxation section and it includes...
Now you cannot generate ITR Acknowledgement/ ITR-V until you e-verify your return or send it to CPC Bangalore | New update to ITR V
As we know ITR for FY. 2019-20 were released. Also ITR 1 and ITR 4 are now available for filing...
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GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
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How to pay Membership and COP fees of ICAI for 2020-21 |
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Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
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Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
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SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Taxation and Income tax return of Foreign Companies Earning Income from India under special rates
- Income Tax Department’s NUDGE Initiative 2025-26: A Clear Warning for Taxpayers to Ensure Accurate Reporting
- Notice from Income tax department e-verification cell for non-filing ITR. How to respond
- Default under TDS for 20% TDS or short deduction? Here is a relief from non-linking of Aadhar-PAN
- Received Notice Under Section 143(2) of Income Tax Act? Here’s Why You Got It and How to Tackle It Effectively?
- Statutory Compliance Calendar for June 2025 | Income tax, GST and various other laws
- Statutory Compliance Calendar for May 2025 | Income tax, GST and various other laws
- ITAT Mumbai: Capital Gains on Indian Mutual Funds Not Taxable in India for Non-Residents under DTAA [Case law]
- Statutory Compliance Calendar for April 2025 | Income tax, GST and various other laws
- No relief under section 87A for capital gain even after date extended to file revised return for AY 2024-25?
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