Income Tax News
Government extends various Deadlines under the Income Tax Act due to the pandemic
24 April 2021 at 13:06In 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 the Government has extended certain timelines today.
CBDT issues notification specifying format, procedure and guidelines for submission of SFT for Interest Income
23 April 2021 at 05:19The Central Board of Direct Taxes has notified the Format, Procedure and Guidelines for SFT for Interest Income under Section 285BA of the Income Tax Act, 1961 and Rule 114E that requires specified reporting persons to furnish SFT.
CBDT issues notification specifying format, procedure and guidelines for submission of SFT for Dividend Income
23 April 2021 at 05:13The Central Board of Direct Taxes has notified the Format, Procedure and Guidelines for submission of SFT for Dividend Income under Section 285BA of the Income Tax Act, 1961 and Rule 114E that requires specified reporting persons to furnish SFT.
CBDT notifies Canada Pension Plan Investment Board under Section 10(23FE)
23 April 2021 at 04:53The Central Board of Direct Taxes has specified the pension fund, namely, the Canada Pension Plan Investment Board, as the specified person under Section 10(23FE) of the Income Tax Act.
Request for Extension of Income Tax Due Dates and Time Barring Assessments
22 April 2021 at 15:24The Lucknow CA Tax Practitioners Association has requested the Finance Minister Smt. Nirmala Sitharaman to extend various due dates under the Income Tax Act, together with the time barring date for the assessments which require a personal hearing.
CBDT issues refunds to more than 7.39 lakh taxpayers between 1st April to 19th April, 2021
21 April 2021 at 22:09Income tax refunds of Rs. 3,073 crore have been issued in 7,23,561 cases & corporate tax refunds of Rs. 2,577 crore have been issued in 15,206 cases.
CBDT notifies audit report to be filed by the Sovereign Wealth Fund claiming exemption u/s 10(23FE)
21 April 2021 at 05:23The Central Board of Direct Taxes has notified ‘Norfund, Govt of Norway’ as a Sovereign Wealth Fund and has specified the audit report to be filed by them for claiming exemption under Section 10(23FE).
CBDT releases new Form 10BBA to relax provisions for Pension Fund to avail exemption
17 April 2021 at 05:08The Central Board of Direct Taxes has released the Income-tax (10th Amendment) Rules, 2021 to further amend the Income-tax Rules, 1962.
ITR-1 and ITR-4 forms for AY 2021-22 | Offline Utility Guide
05 April 2021 at 05:17Steps to Download and install Offline Utility and fill the forms ITR-1 & ITR-4 for the AY 2021-22 have been listed in this news piece.
CBDT releases JSON utility for forms ITR-1 and ITR-4 for AY 2021-22
03 April 2021 at 22:07CBDT releases the new ITR 1 and ITR 4 forms for the AY 2021-22 in the JSON utility. Instructions for the usage of these offline utilities have been listed here...
Popular News
- Tax Audit Deadline 2026: Professional Bodies Seek Extension to 31st October
- AIMTPA Seeks Tax Audit & ITR Due Date Extension for AY 2026-27
- MTPA Seeks Tax Audit Deadline Extension: TAR by 31st Oct, ITR by 30th Nov 2026
- CBDT Notifies SFT Rules for Depository Transactions Under Income Tax Act 2025
- CBDT Notifies SFT Reporting Rules for Mutual Fund Transactions by RTAs Under IT Act 2025
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
