Tag: taxontips

These forms will be launched on 31st Aug 2022 at 12:00 AM. Following forms will be rolled-out in this phase: ...

In the above judgement the court has accepted the initial plea of the petitioner i.e. assessee and has granted interim ...

"an applicant may apply for allotment of permanent account number through a common application form notified by the Central Government ...

CBDT has vide circular no. 16/2022 and 17/2022 Dt. 19.07.2022 allowed assessee to file condonation application in relation to Form ...

The revised regulatory framework for overseas investment provides for simplification of the existing framework for overseas investment and has been ...

ICAI has also talked about Clause 44 of Form 3CD in its guidance note on Tax audit - 2022 edition, ...

Important takeaway from above amendment are as under: 1. The relevant books of accounts and records in electronic format needs ...

For claiming foreign tax credit, as per Income Tax rules assessee is required to file Form 67 on e-filing portal ...

The traditional method to verify Income Tax return is to sign and send the Income tax return to CPC, Bangalore. ...

On successful filing the TDS return an RRR number would be generated on e-filing portal which the tax deductor has ...

The initial analysis of seized evidences of both the groups has revealed that they were engaged in large scale tax ...

A preliminary investigation indicates that the group has indulged in generation of unaccounted income exceeding Rs. 150 crore. So far, ...

The assessee can file a revised return in a case where there is an omission or a wrong statement. But ...

Allow taxpayer to enter multiple trade name: ·Earlier only a single Trade Name was being captured during New Registrations and ...

As per proviso to section 56(2)(x) any amount of money or property received by the family member of a deceased ...