Category: Income Tax

CBDT notifies ITRs Forms for AY 2020-21. Download Notification

CBDT notifies Income Tax Returns (ITRs) Forms for AY 2020-21. Download Notification CBDT notifies ITRs for AY 2020-21 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 31/2020 New Delhi, the 29th May, 2020 INCOME-TAX G.S.R. 338(E).—In exercise of the powers conferred by section 139 read …

Section 269SU not to apply to businesses having only B2B transactions

Section 269SU related to provision of electronic mode for acceptance of payments not to apply to businesses having only B2B transactions Circular No. 12/2020 F.No.370142/3512019-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes**** Dated: 20th May, 2020 Subject: Clarifications in respect of prescribed electronic modes under …