Income Tax News

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 | 56985 Views

CBDT releases instructions for filing of ITR forms for AY 2020-21

24 October 2020 at 11:35

CBDT releases instructions for filing of ITR forms for AY 2020-21

Posted in Income Tax | 6072 Views

Income Tax Department issues New Tax Audit Utility - Form 3CD Schema (Version 1.21)

24 October 2020 at 11:35

Income Tax Department issues New Tax Audit Utility - Form 3CD Schema (Version 1.21)

Posted in Income Tax | 1 comments | 4236 Views

DGGI busts exporter companies for defrauding exchequer through fraudulent claims of ITC and cash refund of around Rs. 61 crore

09 October 2020 at 18:00

DGGI busts exporter companies for defrauding exchequer through fraudulent claims of ITC and cash refund of around Rs. 61 crore

Posted in Income Tax | 2 comments | 1860 Views

Income Tax Department conducts searches in Bihar & UP

07 October 2020 at 18:49

Income Tax Department conducts searches in Bihar & UP

Posted in Income Tax | 1 comments | 5430 Views

Refunds issued by CBDT on account of IT & Corporate Tax from 1st April 2020 to 6th October 2020

07 October 2020 at 18:48

Refunds issued by CBDT on account of Income Tax and Corporate Tax from 1st April 2020 to 6th October 2020

Posted in Income Tax | 1 comments | 2898 Views

CBDT issues guidelines for the Income Tax Rules, 2020

03 October 2020 at 10:45

The Central Board of Direct Taxes on 1st October 2020 issued guidelines for the Income Tax (22nd Amendment) Rules, 2020

Posted in Income Tax | 10155 Views

Clarification on doubts arising on account of TCS u/s 206C (1H)

01 October 2020 at 11:51

Clarification on doubts arising on account of TCS u/s 206C (1H)

Posted in Income Tax | 8676 Views

CBDT extends the due date for furnishing of belated & revised ITRs for AY 2019-20 to 30th November 2020

30 September 2020 at 16:42

CBDT extends the due date for furnishing of belated & revised ITRs for AY 2019-20 to 30th November 2020

Posted in Income Tax | 12 comments | 38646 Views

Guidelines under section 194-O(4) and section 206C(1-I) of the Income-tax Act, 1961

30 September 2020 at 11:43

The Ministry of Finance has issued guidelines on the two new sections inserted by the Finance Act, 2020 which will come into effect from 1st October 2020.

Posted in Income Tax | 1 comments | 6957 Views