Revision of exceptions to monetary limits for filing appeals deferred under provisions of Section 158AB
In this respect the insertion of Section 158AB in the Income Tax Act, 1961 has led to queries on monetary...
Friday, June 27, 2025
ITR 2 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips
First of all ITR 2 is the biggest and exhaustive return as far as Individual and HUF is concerned where...
Condonation of delay in filing refund claim and claim of carry forward of losses under Section 119(2)(b) of the I.T. Act
The Circular prescribed comprehensive guidelines on the conditions and procedure to be followed for deciding applications for condonation of delay...
Due date for filing SFT extended from 31.05.2023 for FY 2022-23?
Section 271FA of the Income Tax Act prescribes penalty for failure to provide/ furnish SFT statements which is Rs. 500...
E-appeal scheme, 2023 announced by CBDT, JCIT(A) will now hear appeal [Read notification]
The Principal Director General of Income-tax (Systems) or the Director General of Income tax (Systems), as the case may be,...
Limit of exempt income for leave encashment for non-govt employees increased to Rs. 25 lakh [Read notification]
having regard to the maximum amount receivable by its employees as cash equivalent of leave salary in respect of the...
Extension in time limit for filing Form 10A, 10AB, 10BD, 10 etc. in relation to trust under Income tax act
CBDT has issued a circular no. 06 of 2023 Dt. 24.05.2023 for providing clarification in relation to various matters of...
Government issues guidelines to calculate net winning for section 194BA of the Act [Read circular]
The new section mandates a person, who is responsible for paying to any person any income by way of winnings...
CBDT proposes changes to Rule 11UA in respect of ANGEL TAX- Also proposes to notify Excluded Entities
Rule 11UA currently prescribes two valuation methods with respect to valuation of shares namely, Discounted Cash Flow (DCF) and Net...
International payments through credit card will now attract 20% TCS under Income tax
Further, Finance Act, 2023 has made amendment in Income tax act to increase the rate of TCS from 5% to...
ITR 4 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips
If you wish to get your Income tax return filed by our experts at Taxontips you can book your slot...
Union Finance Minister Smt. Nirmala Sitharaman chairs review meeting with Central Board of Direct Taxes
Disposal of applications for condonation of delay and grant of exemptions under certain sections of the Income Tax Act, 1961
ITR 1 is now available on e-filing website for FY 2022-23 i.e. AY 2023-24 | File ITR with experts on Taxontips
If you wish to get your Income tax return filed by our experts at Taxontips you can book your slot...
Can a person earning income from speculative business transaction file return u/s 44AD of Income tax act
Hence, it can be concluded that person carrying on speculative business such as intra day trading are also eligible for...
Benefit of DTAA cannot be taken while making payment of DDT by a company [Read order]
For the reasons give above, we hold that where dividend is declared, distributed or paid by a domestic company to...
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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
- 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?
- Statutory Audit of Cash and Cash Equivalents in Indian Companies [Company Law]
- Statutory Audit of Trade Receivables in Indian Companies [Company law]
- Statutory Compliance Calendar for February 2025 | Income tax, GST and various other laws
- Budget 2025 updates | Income tax and GST updates
- Assessee receiving message for 80GGC donation for AY 2022-23 from Income tax department
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