The Central Board of Direct Taxes (CBDT) has notified relaxation in Cash Payments of more than 2 Lakhs for Hospitals amid COVID19 vide Notification No. 56/2021 dated 07/05/2021. The Central Government, in exerc...
CBDT has extended various deadlines of certain compliances in light of the COVID19 pandemic vide Circular No. 08/2021 dated 30/04/2021. In view of the adverse circumstances arising du...
In view of the severe Covid-19 pandemic raging unabated across the country affecting the lives of our people, and in view of requests received from taxpayers, tax consultants & other stakeholders that various time ba...
The Central Board of Direct Taxes (CBDT) has amended Tax Audit Report in Form 3CD by inserting/omitting clause(s) in the Income-tax Rules, 1962 by Income-tax (eighth Amendment) Rules, 2021 vide Notificati...
Finance Act, 2020 has amended the provisions of section 194 of the Income Tax Act, 1961 (“Act”) to provide for TDS on Dividend income declared, distributed and paid by a domestic company which was earlier exe...
The Central Board of Direct Taxes (CBDT) has very recently released JSON Utility for ITR-1 & ITR-4 for Assessment Year 21-22 and accordingly discontinued Excel and Java Version of ITR Utilities from AY 2021-22. ...
The Central Board of Direct Taxes (CBDT) has released JSON Utility for ITR-1 & ITR-4 for Assessment Year 21-22 and accordingly discontinued Excel and Java Version of ITR Utilities from AY 2021-22. Recently,&n...
The Central Board of Direct Taxes has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2021-22 vide Notification no.21/2021 dated 31.03.2021. Keeping in view the ongoing crisis due to COVID pande...
Central Government has extended the last date for linking of Aadhaar number with PAN from 31st March, 2021 to 30th June, 2021, in view of the difficulties arising out of the COVID-19 pandemic. It may be pertinent...
CBDT vide Notification No. 19/2021 dated 26.03.2021 has notified the new registration procedure for NGOs and Charitable Trusts and other institutions under section 12AB and section 10(23C) of the Income Tax Act, 1961 thr...
