New ITR 1 to 7 for AY 2020-21 notified by CBDT – Detailed analysis of important amendments
CBDT has notified ITR 1 to 7 for AY 2020-21. As we know the due date for filing ITR was ...
Thursday, February 12, 2026
Lockdown 5.0: Now schools, religious places will open outside containment zone
As we know in Lockdown 4.0 many relaxations were offered where offices were allowed to open but still places of ...
How to show PM CARES Fund in Schedule VI as eligible for CSR
As we know contribution to PM CARES fund is eligible for CSR expenditure in case of companies. Now MCA vide ...
No TDS to be deducted on salary/ Interest paid to partner by partnership firm.
A partner in a partnership firm earns various types of Income: Remuneration/ salary, commission, interest on capital or profit share. ...
Income of Uttarakhand EPPC Board and Cochin SEZ Authority – Now exempt under 10(46) of Income tax act
Vide notification in E-gazette CBDT has exempted various income of Uttarakhand Environment Protection & Pollution Control Board, Dehradun (PAN AAALU0160D) ...
Forms 26AS has been omitted | Now Annual Information statement will replace Form 26AS
Vide a notification, CBDT has scrapped earlier 26AS where credit of tax paid and refund received used to be shown ...
Separate Portal for disciplinary complaints to ICAI against CA
An E-mail was sent by ICAI president stating the importance of disciplinary action and launching a separate portal for filing ...
Transfer of ITC between multiple registration in same state/ UT of same person now possible: ITC – 02A
Many a times people take separate registration under GST to keep and maintain separate businesses and while starting new business ...
Father cannot sale shares or use proceeds of sons share being guardian of minor son without permission from court: Chennai Tribunal
In the present case assessee is famous cricketer and former captain of Indian cricket team K. Srikanth. Assessee along with ...
Guidance on impact due to COVID-19 on Tax treaties by OECD Secretariat dated 3rd April, 2020
Guidance on impact due to COVID-19 on Tax treaties by OECD Secretariat dated 3rd April, 2020In this pandemic, where tax ...
ITC of services mentioned under 17(5)(b) – blocked credit might be available to businesses amid Corona Virus
As we know there is a pandemic going on and people are under the fear of going to work and ...
No disallowance u/s 14A if exempt income not earned during the year – Mumbai Tribunal
In a recent judgement by Mumbai Tribunal Dt. 14.05.2020 in case of Deputy Commissioner of Income-tax v. JSW Ltd. it ...
Safe harbour rules 10TD and 10TE amended by CBDT
Safe harbour refers to the circumstances under which income tax authorities will accept the transfer price declared by the assessee ...
One time relaxation for CA Final students by ICAI regarding MCS and Advance IT course
ICAI has announced relaxation for both type of CA Final students i.e. one who have already passed their examination and ...
GST would be charged on renting service provided by religious trust – Karnataka AAAR
In a recent AAAR of Karnataka in case of a religious Trust i.e. M/s Acharya Shree Mahashraman Chaturmas Pravas Vyavastha ...
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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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