Month: February 2021
Increase in the turnover limit for Tax Audit u/s 44AB from 5 crores to 10 crores for non cash transactions. Budget 2021-22 Presently, under section 44AB of the Income Tax Act, every person carrying on business is required to get his accounts audited, if his total sales, turnover …
Relaxation for certain category of senior citizen of 75 years or more from filing return of income-tax (ITR) in Union Budget 2021-22 Section 194P introduced by Finance Act 2021 Section 139 of the Act provides for filing of return of income. Sub-section (1) of the section provides that …
Download Copy of Finance Act 2021 and Budget Speech of Finance Minister Union Budget 2021 was presented by the Finance Minister on1st February 2021 and the Finance Bill 2021 received the assent of the President on 28.03.2021 Download Copy of Budget Speech Download Copy of Finance Act 2021 …
Key Highlights of Income Tax , GST and Custom Proposals under Budget 2021-22 The Union Finance Minister shall present her third Union Budget 2021-22 in the parliament on 1st February 2021 at 11 AM. You may book mark the page and come back during and/or after the Budget …