Income Tax News

LTC fare benefit of IT extended to Non-government Employees

30 October 2020 at 11:34

Income-tax Exemption for payment of deemed LTC fare for non-Central Government employees

Posted in Income Tax | 2796 Views

CBIC makes changes in the Customs Act, 1962

30 October 2020 at 11:33

CBIC makes changes in the Customs Act, 1962 vide Tariff Notification No.103/2020-Customs(N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold, and Silver- Reg.

Posted in Income Tax | 1866 Views

CBDT issues tax refund of Rs. 1,26,909 crores to 39.14 lakh taxpayers

29 October 2020 at 10:51

CBDT issues tax refund of Rs. 1,26,909 crores to 39.14 lakh taxpayers

Posted in Income Tax | 6135 Views

Govt. increases payment date for Vivad se Vishwas Scheme to 31.03.2021

28 October 2020 at 11:06

Govt. increases payment date for Vivad se Vishwas Scheme to 31.03.2021

Posted in Income Tax | 5832 Views

Income-tax (23rd Amendment) Rules, 2020

27 October 2020 at 11:09

CBDT released the Income Tax (23rd Amendment) Rules 2020 on 22nd October 2020. Read the official notification and changes made here.

Posted in Income Tax | 19962 Views

CBDT extends the due date for filing of Tax Audit Report and ITRs

24 October 2020 at 15:09

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, CBDT has extended the due date for filing of Tax Audit Report and ITRs.

Posted in Income Tax | 22 comments | 56976 Views