Two days after conducting raids on multiple offices of the media house of popular Hindi newspaper, Dainik Bhaskar, the Income tax department has made shocking
Category: INCOME TAX
Issues In New Tax Portal Continues As Govt Again Extends Manual filing of Forms 15CA /15CB To 15th Aug
Citing difficulties being faced in the new income tax portal, CBDT through a press release dated 20.07.2021 has once again extended the date of submitting
TDS u/s 194Q On Purchase of Goods : Explained
TDS u/s 194Q on purchase of goods is the newly introduced TDS provision inserted in the Income-tax Act through Finance Act 2021 which would be
Date for filing Form 15CA/15CB in manual form extended till 15th July 2021
CBDT through a press release dated 05.07.2021 has once again extended the date of submitting Form 15CA / 15CB in manual form to the authorized
How Govt Ignored Majority Of Taxpayers While Announcing Covid Related Tax Exemptions
On 25th June 2021 as Media broke out the news of income tax exemptions on expenses incurred on medical treatment of Covid, it elated the
Govt announces Covid Related Income Tax Exemptions and further extends Income Tax Deadlines
Government today provided a major relief to taxpayers as it announced income tax exemptions for amount received for medical treatment of Covid-19 and also on
5 Major Benefits for Startups in Union Budget 2021
Startups are said to be the driver of the future growth of an economy. On 1st Feb 2021 during the presentation of the Budget for
Gujarat HC rejects writ petitions for extension of ITR and tax audit
Gujarat High Court has today rejected the writ petitions for the extensions of Income tax returns and tax audits filing time limits. Gujarat High Court
8 Reasons why Govt rejected ITR and tax audit due date extension
When tax professionals and businesses were expecting government to be lenient regarding income tax return and tax audit due date extension, several representations were made
