• budget-2021

AO empowered to Provisionally attach property u/s 281B in Fake Invoice cases

5 years ago

AO empowered to Provisionally attach property u/s 281B in Fake Invoice cases during pendency of penalty proceedings under section 271AAD…

  • budget-2021

Transfer of revalued or self generated capital asset to partner on dissolution / reconstitution

5 years ago

Amendment to provisions of transfer of revalued or self generated capital asset to partner on dissolution or reconstitution Rationalisation of…

  • budget-2021

Amendment to provision of Charitable Trust to check double deduction on income application /accumulation

5 years ago

Amendment to provision of Charitable Trust and Institutions to eliminate possibility of double deduction while calculating application or accumulation Exemption…

  • budget-2021

Amendments to provisions of Income escaping & search assessments Revised time for issue of notice

5 years ago

Amendments made to provisions of Income escaping assessment and search assessments by Budget 2021-22. Revised time limit for issuing notice…

  • budget-2021

Payment by employer of employee contribution after due date to be disallowed . Budget 2021-22

5 years ago

Payment by employer of employee contribution after due date to be disallowed  Clause (24) of section 2 of the Income…

  • budget-2021

Exemption to be given from the conditions of defective return . Budget 2021-22

5 years ago

Exemption to be given from the conditions of defective return . Budget 2021-22 Sub-section (9) of section 139 of the…

  • budget-2021

Time limit for filing belated and revised return reduced to three months – Budget 2021-22

5 years ago

Time limit for filing belated and revised return reduced to three months - Budget 2021-22 Sub-sections (4) and (5) of…

  • budget-2021

Increase in turnover limit for Tax Audit u/s 44AB from 5 crores to 10 crores. Budget 2021-22

5 years ago

Increase in the turnover limit for Tax Audit u/s 44AB from 5 crores to 10 crores for non cash transactions.…

  • Union Budget

Relaxation for senior citizen of 75 years or more from filing income tax return u/s 194P

5 years ago

Relaxation for certain category of senior citizen of 75 years or more from filing return of income-tax (ITR) in Union…

  • budget-2021

Download Copy of Finance Act 2021 and Budget Speech of Finance Minister

5 years ago

Download Copy of Finance Act 2021 and Budget Speech of Finance Minister Union Budget 2021 was presented by the Finance…