CBDT enables Tax audit filing i.e. Form 3CD for AY 2021-22 on E-filing website | E-filing 2.0
CBDT has recently i.e. on 26.10.2021, released and enabled the filing of Tax audit report on e-filing portal in Form ...
Sunday, June 22, 2025
Tag: income tax update
TCS Rate chart under Income tax act and Due date for filing of TCS return
Under Income tax act there is only one section which covers all the transactions on which TCS needs to be ...
Option to File Rectification Request under section 154 of Income tax act for Income tax return option now available on new e-filing website | e-filing 2.0
If there is any variation reported by CPC, an assessee has two options i.e. either to apply for rectification under ...
Landmark Judgement: Allahabad High Court quashed notices issued under section 148 in old laws after 31.03.2021 | Income tax case law
The above judgement has been passed in case of Ashok Kumar Agarwal vs. Union of India through its Revenue Secretary ...
Chhattisgarh Upholds reassessment notices issued under old provisions of section 148 after 01.04.2021 | Income tax case law
In the above mentioned case court held that lockdown had also affected the working of Income tax department and the ...
CBDT extends time limit till 30.11.2021 to process and issue refund for Income tax return not processed relating to AY 2017-18 and before
Thus, Income tax department has further extended the time limit to process income tax return and issue refund from 30.09.2021 ...
PAN of both seller/ vendor and customer needs to be mentioned on invoice w.e.f. 01.10.2021 | What is the truth?
In the above mentioned message it is being said that a person has to mention PAN of both vendor and ...
CBDT extends the applicability of Safe Harbour Rules to AY 2021-22
CBDT has extended the applicability of Safe Harbour Rules to AY 2021-22. Rates remains unchanged. Retrospective effect from 01 April ...
Income tax returns verified through EVC which are otherwise to be verified through DSC considered valid
On consideration of the above, the Board, in exercise of its powers under Section 119(2)(a) of the Act, hereby directs ...
Central Government relaxes provisions of TDS u/s 194A of the Income-tax Act, 1961 in view of section of 10(26) of the Act
Thus, the above notification relaxes tax deduction by bank on amount of interest paid to specific scheduled tribe but does ...
Income Tax Department conducts searches in Mumbai and other regions at various premises/ trust of prominent Bollywood Actor
The Charity Foundation incorporated by the actor on 21st July, 2020 has collected donations to the tune of Rs 18.94 ...
Government extends certain timelines i.e. PAN-Aadhar linking and penalty proceedings to ease compliances
Time limit for intimation of Aadhaar number to the Income tax Department for linking of PAN with Aadhaar has been ...
CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment
Recently we have seen that the central government has been drastically reducing it's stake in various public sector company and ...
Are you a salaried employee and also earning income from trading in stock market? Confused as to which ITR to file !! Read this
The second most common question is whether to show such income in the same return with salary income or separate ...
Income tax department raising demand for late fees in intimation u/s 143(1) in case of revised return filed for AY 2021-22
People have been receiving intimation/ income tax notice under section 143(1) stating that there is a demand of Rs. 10,000 ...
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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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