Category: Income Tax
ICAI's Guide for Taxation of Non-residents in India (fourth edition 2021), explains about residential status, Section 9, DTAA, BEPS, GAAR, capital gains, TDS, and more, updated with Finance Act …
CBDT issues directions for implementation of Faceless Penalty Scheme, 2021, vide Notification 03/2021 dt. 12/01/2021. The directions issued by the CBDT for implementation of the Faceless Penalty Scheme 2021 …
CBDT notifies the Faceless Penalty Scheme, 2021, applicable w.e.f. 12 Jan. 2021, vide Notification 02/2021 dt. 12/01/2021, to facilitate conduct of faceless penalty proceedings, for certain cases/ class of …
CBDT has issued a set of 34 FAQs clarifying various provisions of the Direct Tax Vivad se Vishwas Act 2020, to facilitate the taxpayers on issues relating to scope/ …
As part of the Atmanirbhar Bharat Package 3.0 announced by the Finance Minister, Income Tax relief has been announced for Real Estate Developers and Home Buyers by way of increase …
The ICAI has released the revised edition 2020 of its Guide on “Basics of International Taxation,” which was previously known as “Aspects of International Taxation – A Study” and …
CBDT further extends various Income Tax compliance deadlines prescribed under for Taxation & Other Laws (Relaxation of Certain Provisions) Ordinance, 2020, in view of the challenges being faced by …
Seventh Provsio to Section 139(1) inserted by the Finance Act, 2019 which pprescribes conditions for mandatory filing of Tax Return (ITR) u/s 139(1).
Reflection of incorrect entries in Form 26AS or omission of required entries therein, is a matter of concern and the assessee need to follow up for timely rectification/ correction …
CBDT has further extended the deadline for linking of PAN with Aadhaar for filing of Income Tax Return (ITR) from 30/09/2019 to 31/12/2019. It may be noted that CBDT …