News
DGFT extends due date for annual updation of IEC code for the year 2021 to 31.07.2021
"In continuation to the DGFT notification No. 58, dated 12.02.2021, it is to inform that last date for modification/ updation...
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TDS u/s 194Q to be deducted on amount excluding GST (more confusion), applicability of 194Q on non-resident buyer | FAQ on section 194Q by CBDT
Now it has been clarified that when tax is deducted at the time of credit of amount in the account...
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Due date for DPT-3 and other forms for companies and LLP extended by MCA | No Late fees to be levied
The above circular shall cover DPT-3 Forms for company and Form 11 for LLP among others and thus due date...
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GST website provides functionality to report misuse of PAN in GST registration | Know step by step process
To address the complaint related to misuse of PAN for obtaining GST registration, a functionality to register such complaints on...
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Now file income tax appeal online before ITAT, but is it truly online? | All you need to know
On 25.06.2021 Shri Ravi Shankar Prasad, Hon’ble Minister for Law & Justice, Communication and Electronics & Information Technology, virtually inaugurated...
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Income tax slab rates in India for FY 2020-21 i.e. AY 2021-22 for financial year ending 31.03.2021 | File income tax return online with experts
Income tax slab rates are the rates defined under Income tax act and are mentioned in the Finance Act every...
Read moreTDS u/s 194Q needs to be deducted on purchase value of goods including or excluding GST i.e. TDS on taxable value or invoice value?
Board hereby clarifies that wherever in terms of the agreement or contract between the payer and the payee, the component...
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Functionality to download ITR Acknowledgement and full ITR form For AY 2020-21 and before now available on new e-filing website | E-filing 2.0
If you look at the above image you will see that there are two options available: Download Form is available...
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Government provides tax exemption for expenditure on COVID-19 treatment and ex-gratia received on death due to COVID-19
Therefore Government has announced an exemption for any money received by people as financial help for treatment of Covid-19 during...
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Due date for filing TDS return Q4 FY 2020-21, application for trust re-registration, claiming tax exemption u/s 54 etc
In order to ease compliances to be made by taxpayers during this difficult time, reliefs are being provided through Notifications...
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ICAI to form a task force to monitor the glitches on new e-filing website | ICAI press release | e-filing 2.0
In the press release it has been mentioned that Ministry of finance has asked ICAI to form a task force...
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Interest not fully waived i.e. conditional waiver of interest even after relaxation of GST return due date | Must read
Further, although late fees has been waived for GSTR 3B but still interest could be charged if tax not paid...
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All about the interaction of Finance Ministry with tax professionals and Infosys on issues in new Income Tax Portal on 22.06.21 | E-filing 2.0
The Finance Minister exhorted Infosys (service provider) to work on the tax portal to make it more humane and user-friendly...
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How to register and use the functionality to check status of specified person u/s 206AB and 206CCA for higher TDS/ TCS rate
This functionality is made available through Reporting Portal of Income-tax Department (https://report.insight.gov.in) This functionality will also help to check whether...
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Admit card for Foundation, Intermediate (IPC), Intermediate, Final and Final-New Examination now available for download
Admit cards in respect of candidates admitted to the Foundation, Intermediate (IPC), Intermediate, Final and Final-New examination, with their photographs...
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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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