The Income Tax Department has released a calendar in order to make the tax journey of taxpayers easier. This has been done as part of the Income Tax Department's ‘Transparent Taxation- Honoring The Honest’ initiative wherein, taxes are made untaxing.
The Central Board of Indirect Taxes and Customs has eased the accreditation requirements for MSMEs AEO T1 & T2 certification, which further offers them 9 exclusive benefits.
The Central Board of Indirect Taxes and Customs, via their official Twitter handle, has released a poster, explaining the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, which is made applicable w.e.f 1st January 2021 onwards.
The Income Tax Department, via their official Twitter handle, has asked the taxpayers and professionals to use the latest income tax utilities, which have been available w.e.f 1st January 2021 to avoid interest/fee u/s 234F/234A
CBDT has extended the due date for filing Income Tax Returns for the Assessment Year 2020-21. Accordingly, the ITRs are modified to update the 234A interest & 234F Fee calculation and the same is available for download.
The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 2nd January 2021 here.
The Central Board of Indirect Taxes and Customs, via their official Twitter handle, has requested the taxpayers to tag @Infosys_GSTN in their tweets related to all System/IT issues for redressal of grievances.
Tariff Notification No. 117/2020-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver
The Income Tax Department carried out search and seizure action on two Kolkata based Groups engaged in manufacturing & trading of Steel, trading of marbles & stones, food grains, etc.
The Income Tax Department has released the E-Calendar 2021 for Income Tax. This calendar showcases a glimpse of India's growth, through the lens of taxation.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India