Tag: income tax update

Hon'ble Delhi High Court has passed order in few of such writ petition against the Income tax department wherein procedure ...

1. Filing of Form 15CB and 15CA won't be available: "Taxpayers would not be able submit Form-15CA & 15CB during ...

Yesterday we saw that CBDT has extended few due dates such as due date for ITR, Tax audit report, TDS ...

CBDT has vide circular No. 9 of 2021 has extended various due dates under Income tax act for AY 2021-22 ...

The Finance Ministry has not issued any directive to CBDT in this regard. Further, unlike as reported, the CBDT has ...

TCS on sale of goods was introduced under section 206C(1H) in Budget 2020, wherein a person had to collect 0.1% ...

SFT i.e. specified financial transactions are covered under section 285BA and various specified transactions are covered under rule 114E of ...

Section 271AAD was introduced by Budget, 2020 wherein penalty was introduced for issuing fake invoices or omission of any entry. ...

Amendment made by Finance Act: 2020 which are going to be applicable from AY 2021-22 are as under: Amendment to ...

Amount of remuneration prescribed under section 9A(3)(m) of the Income-tax Act, 1961 Finance (No 2) Act, 2019, inter alia, amended ...

A few days ago we had discussed that ITR 6 is now available for FY 2019-20 and we had also ...

Income Tax return for FY 2019-20 were announced, however till date only ITR 1 to 5 and 7 were available ...

On Friday, 20th September, 2019 everyone was ready for some announcement regarding discontinuance of GSTR 9 etc from our Finance ...