Clarification regarding short deduction of TDS/TCS due to increase in rates of surcharge
The Income Tax Department issued a clarification regarding the process of exercising of option by a taxpayer with regard to deduction of TDS at source if he/she opts for concessional rates as per section 115BAC of the Income Tax Act, 1961. Employee t
CBDT provides clarification on issue of TDS certificates for lower/nil rates
COVID-19: No basic custom duty on Ventilators, COVID Test Kits and masks
In the view of the outbreak of COVID-19 the FM had announced various relief measures regarding statutory compliance related to Income Tax and GST. The FM passed an ordinance to give effect to these measures on the 31st of March 2020. Taxpayers had co
FM issues Ordinance, 2020 to give effect to relief measures related to Income Tax and GST announced by the government.
CBDT eases the process of issue of TDS Certificates for lower rates/nil deduction
COVID-19: ITAT Staff contributes one day salary to PM CARES Fund
List of Amendments in Finance Bill as passed by Lok Sabha. The Finance Bill 2020 was passed without any debate sue to the COVID-19 outbreak.
COVID-19: Relief Measures announced by FM regarding compliances
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards