Category: Income Tax
CBDT clarifies issues relating to allowability of brought forward loss (on account of additional depreciation) and MAT credit in the case of domestic companies exercising option for lower tax …
CBDT has further extended the deadline for linking of PAN with Aadhaar for filing of Income Tax Return (ITR) from 30 Sept. 2019 to 31 Dec. 2019.
CBDT notifies that due date for filing of Income Tax Return (ITR) along with Tax Audit Report (TAR) has been extended from 30 September to 31 October 2019 for …
CBDT issues guidelines for conducting electronic assessments during financial year 2019-20 through ‘E-Proceeding’ facility whereby assessees are required to electronically respond to any notice issued by the Assessing Officer …
CBDT prescribes revised procedure for issuance of Income Tax Notice, etc. to Taxpayers, from 1 October 2019, whereby each communication shall quote a computer generated Document Identification Number (DIN) …
CBDT denies media reports about Income Tax notices to Durga Puja Committees in West Bengal. CBDT has clarified that those reports are totally incorrect, however notices were issued by …
IT Deptt has released/ updated Excel Utility for e-filing of Income Tax Return (ITR) Forms (FY 2018-19/ AY 2019-20), i.e. ITR 1 Sahaj, ITR 2, ITR 3, ITR 4 …
To reduce litigation, facilitate ease of doing business and to remove long pending grievances of taxpayers in the matters of direct/ indirect taxes, the Govt. has decided to raise …
CBDT has issued 3 sets of Clarifications in respect of Frequently asked Questions (FAQs) on Filling Up of new Income Tax Return (ITR) forms applicable for FY 2018-19/ AY …
Ministry of Law & Justice, Govt. of India has notified the Finance Act 2019, which has received the assent of the Hon'ble President of India, the final approval for …