CBDT Extends Timeline to Allow validation of UDINs: upto 31/08/2021
CBDT shall allow validations of UDINs upto 31/08/2021, in respect of past IT Forms uploaded on the e-filing Portal, as per ICAI Announcement dt. 30/06/2021.
Tag: CBDT
Cost Inflation Index notified by CBDT: FY 2021-22
CBDT has notified the 'Cost Inflation Index (CII)' for FY 2020-21/ AY 2021-22 at 301 for determining 'long term capital gains (LTCG)' under Income Tax.
New ITR Forms, Instructions & Business Codes: FY 2020-21/ AY 2021-22 (ITR 1 Sahaj, 2, 3, 4 Sugam, 5, 6, 7)
CBDT has notified the new ITR Forms applicable for FY 2020-21/ AY 2021-22 (Forms ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-5, ITR-6 & ITR-7), along with revised Instructions for …
Completion of Age of 60/ 80 for Senior/ Very Senior Citizen Status Benefit under Income Tax
As per CBDT clarification, an individual born on 1st April would complete each year of his age on 31st March, i.e. for FY 2020-21 (AY 2021-22), the date of …
Clauses 30C (GAAR)/ 44 (GST) of Revised 3CD further extended upto 31/03/2022: CBDT Order 5/2021
CBDT further defers the reporting requirements relating to Clauses 30C (GAAR)/ 44 (GST) of revised Tax Audit Report Form 3CD, upto 31/03/2022, in view of COVID 19 pandemic.
CBDT Circular on Salary TDS (FY 2020-21)
CBDT issues circular on salary TDS provisions/ rates applicable u/s 192 during FY 2020-21 (AY 2021-22), including explanations on many other related issues/ provisions under the Income Tax Act/ …
34 FAQs on Provisions of Vivad se Vishwas Act 2020
CBDT has issued a set of 34 FAQs clarifying various provisions of the Direct Tax Vivad se Vishwas Act 2020, to facilitate the taxpayers on issues relating to scope/ …
CBDT’s Tolerance Limit for Transfer Pricing (92C ALP) for AY 2020-21
CBDT notifies the price variation tolerance limits for ALP determination under transfer pricing, in respect of AY 2020-21.
CBDT further extends various Income Tax compliance Deadlines
CBDT further extends various Income Tax compliance deadlines prescribed under for Taxation & Other Laws (Relaxation of Certain Provisions) Ordinance, 2020.
Vivad se Vishwas Scheme extended upto 31 Dec. 2020
The period of Vivad se Vishwas Scheme for making payment without additional amount will be extended to 31st December,2020, as per Special Package of Rs 20 lakh crores (COVID-19) …