Tag: income tax update

People have been receiving intimation/ income tax notice under section 143(1) stating that there is a demand of Rs. 10,000 ...

Form No. 10A required to be filed on or before 30th June, 2021, as extended to 31st August, 2021 vide Circular No.12 of 2021 ...

"Ministry of Finance has summoned Sh Salil Parekh,MD&CEO @Infosys on 23/08/2021 to explain to hon'ble FM as to why even ...

As mentioned above, rules were required to be prescribed to provide relief to assessee covered under advance ruling and secondary ...

Till now people were facing issues in filing any Form, not able to login, submitting ITR or e-verifying their Income ...

Now, vide THE TAXATION LAWS (AMENDMENT) BILL, 2021 being introduced by the Ministry of Finance in Lok Sabha, the Ministry ...

The interest shall be charged u/s 234A, where tax payable is more than Rs. 1 lakh as computed above, even ...

Further, there is one more way which people are suggesting to overcome the above issue wherein it is being told ...

Now, in the current error when an assessee is trying to log in to the e-filing portal using his/ her ...

Business/ professional code is required to be mandatorily filled by each and every person who are showing income from business ...

Therefore, payment of tax and filing of income tax return are two different things and if a person whose total ...

Section 148 of the Income tax Act deals with issuing notice to the assessee in the case where income has ...

Therefore Government has announced an exemption for any money received by people as financial help for treatment of Covid-19 during ...

Net Direct Tax collections for the Financial Year 2021-22 have grown at over 100%. Advance Tax collections for F.Y. 2021-22 ...

Thus, above is the full procedure to file Form 15CB and Part C of Form 15CA in online mode on ...