Income Tax

  • Income Tax

Basic income tax exemption slab for AY 2021-22 as per budget 2020-21 Proposals

New Optional basic income tax exemption slab and reduced tax rates announced in budget 2020-21 for AY 2021-22 / FY…

4 years ago
  • Income Tax

Live Key Highlights of tax proposals of Union Budget 2020-21

Live Key Highlights of tax proposals of Union Budget 2020-21 Union Finance Minister, Smt. Nirmala Sitharaman shall be presenting Union…

4 years ago
  • Income Tax

CBDT order-Promotion, additional charge and jurisdiction in the grade of PrCCIT and JCIT

CBDT order-Promotion, additional charge and jurisdiction in the grade of PrCCIT and JCIT CBDT has issued three separate orders for…

4 years ago
  • Income Tax

ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance 

ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance  or non prosecution ABCAUS Case…

4 years ago
  • Income Tax

CBDT notifies Rule 6BBA to include new payment methods as non cash under Income Tax Act

CBDT notifies Rule 6BBA and amended Rule 6DD to include new payments method as non cash payments for getting benefits/reliefs…

4 years ago
  • Income Tax

Transfer of TAN across the State/CIT(TDS). Now TAN starting with MUM can be found at Delhi

Transfer of TAN across the State/CIT(TDS). After ITBA updatation TAN starting with MUM can be found at Delhi DIRECTORATE OF…

4 years ago
  • Income Tax

Lower/Nil TDS certificates-Applications can be made before start of Financial Year – CBDT Instruction

Lower/Nil TDS certificates. Applications can be made before start of financial year. time limit prescribed for making application for current…

4 years ago
  • Income Tax

When TDS is deposited within due time, date of credit shown on OLTAS irrelevant – ITAT

TDS deposited electronically within due time date shown on OLTAS irrelevant. There is no provision of waiver of interest for…

4 years ago
  • Income Tax

Backward area declared u/s 80HH not apply to section 80-IA, both are separate & independent provisions

Backward area declared u/s 80HH(2) do not apply to section 80-IA(2)(iv)(c) as both sections are separate and have independent provisions…

4 years ago
  • Income Tax

Institute of Pesticide Formulation Technology Gurugram approved u/s 35(1)(ii)

Institute of Pesticide Formulation Technology, Gurugram PAN:- AAATI0389Q approved u/s 35(1)(ii) as Research Association from AY 2019-2020 and onwards  MINISTRY…

4 years ago