Income Tax News
Now you can download intimation order u/s 143(1) from e filing website profile.
All the people filing Income tax return get Intimation u/s 143(1) and many a times as a professional its difficult...
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ITR 1 and 4 notified by CBDT for A.Y. 2020-2021:
We have entered into a new year and the first notification issued by CBDT is to notify ITR 1 and...
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Due date to link Aadhar card with PAN number again increased
CBDT vide its notification 107/2019 Dt. 30.12.2019 has again extended the due date for linking the PAN with Aadhar card....
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New modes of accepting payment notified under section 269SU with further clarification
CBDT on 30th December has issued a notification and a clarification with regard to further facilities a business must provide...
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Extension of due date for Tax audit in J&K and reply to notice u/s 142(1) for A.Y. 2018-19
CBDT vide its order under section 119 have increased the time limit for filing of Income tax return by any...
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Due date for payment of tax under Income Disclosure scheme extended:
Due date for payment of tax under Income Disclosure scheme extended: CBDT vide notification no. 103 of 2019 Dt. 13.12.2019...
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Notice u/s 143(1)(a) for A.Y. 2019-20 for various reason such as Capital gain, Late fee etc:
Notice u/s 143(1)(a) is an initial processing of return after it has been filed u/s 139 or 142(1) and such...
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Waiver of interest for payment of TDS u/s 194M of the Income tax act
CBDT vide circular no. 31 of 2019 Dt. 19.12.2019 has extended the due date for paying TDS deducted u/s 194M...
Read moreDeadline to Link PAN card with Aadhar 31st December 2019
In a recent tweet by Income Tax department they have said that "To reap seamless benefits of income tax services,...
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Surcharge announced with the new Corporate tax rate ordinance can be a game changer?
In the ordinance Dt. 20.09.2019, two new corporate tax rate were announced u/s 115BAA and 115BAB i.e. 22% and 15%...
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Income Tax E-filing website not working properly [FEW UPDATES ON E-FILING WEBSITE:
On 11th November 2019 many of us tried to log in to e-filing website of Income tax department to submit...
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CA cannot certify Income tax return (ITR) even for loan purpose:
Recently in an FAQ issued by the ICAI it was asked whether a CA can certify the ITR of an...
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Things to keep in mind before shifting to 22% tax rate u/s 115BAA of the Income tax act:
An ordinance was passed by our Finance Minister on the 20th September 2019, where she announced two new corporate tax rates...
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Tax on severance pay in India
In Simple words Severance pay means: "A severance package is pay and benefits employees may be entitled to receive when...
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Can a salaried employee show business/ professional income and file ITR 4
In the times when everyone is constantly working and trying to earn more there are many salaried employee also who...
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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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