Tag: Income tax updates

Non-resident can register using the option of "Others" while registering and choose the option of "Non-Residents not holding and not ...

The amount prescribed for delay in filing Tax audit report is mentioned under Section 271B of the Income Tax Act ...

Taking into consideration the suggestions received in this regard and detailed interactions held with stakeholders, Rule 11UA for valuation of ...

If both the conditions are fulfilled then the assessee won't be required to conduct tax audit even if turnover exceeds ...

Taxpayers are advised to check DSC for its expiry date, registration on e-Filing portal & installation of latest emBridge application ...

Premium received on sale of options is also to be included in turnover. However, where the premium received is included ...

tax on such income has been deducted at source and paid to the credit of the Central Government in accordance ...

As per the above notice it is not an assessment notice but a preliminary notice to assessee to inform him ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of September 2023.

However, the accumulation/deemed application shall not be denied to a trust as long as the statement of accumulation/deemed application is ...

Intimation u/s 143(1) of Income-tax Act, 1961 with the error description: “In Schedule 80P, deduction u/s 80P(2)(e) cannot be claimed ...

CPC has provided 15 day's time limit to respond to such notice. Since this is a system error of CPC ...

However, if the return is filed after the due date i.e. after 30 days of filing the date of filing ...

Hence, if a non-resident earns any income from equity share trading during the year he will have to file income ...

The Jurisdictional Assessing Officer shall recompute the total income of such co-operative society under the provisions of sub-section (19) of ...