The Central Board of Direct Taxes informs regarding income-tax assessees for identifying the eligible beneficiaries for transfer of financial assistance through the Direct Benefit Transfer Scheme.
The Central Board of Indirect Taxes and Customs has made amendments in the Notification No. 36/2001-Customs (N.T.), dated the 3rd August 2001.
A One time relaxation to update UDIN has been enabled. Kindly update the UDIN before 31st December 2020 of audit report/certificates to avoid invalidation.
The search and survey actions were carried out at 29 locations in Panvel and Vashi. Total unaccounted income of the group, detected, so far, is Rs. 163 crores.
The Central Board of Indirect Taxes has extended the time limit for completion or compliance of any action, by any authority, for anti-profiteering proceedings under Section 171 to 30th/31st March 2021.
CBIC, on 11th December 2020 has further made changes in the notification of the Finance Ministry No. 63/1994-Customs (N.T.) dated the 21st November 1994.
Income tax refunds of Rs. 43,274 crore have been issued in 87,29,626 cases &corporate tax refunds of Rs. 1,02,345 crore have been issued in 1,99,554 cases
The Income Tax Department has carried out search and seizure operations on 03/12/2020 in the case of a Group involved in the manufacturing and trading of steel products having premises in and around Rourkela, Odisha.
Do your bit in transforming the vision of a brighter tomorrow into a reality. Pay the third installment of your #AdvanceTax on or before 15th December 2020.
The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2020-21.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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