Income Tax

  • Income Tax

CBDT Clarification on validity of notifications granting exemption from section 194N

CBDT Clarification on validity of notifications issued granting exemption under clause (v) of proviso to from section 194N prior to…

4 years ago
  • Income Tax

CBDT signs MOU with Ministry of MSME to enable check & classify enterprises

CBDT signs MOU with Ministry of MSME to enable check & classify enterprises Memorandum of Understanding (MoU) between CBDT and…

4 years ago
  • Income Tax

Services of web promotion, social media management held not liable to withholding tax

Services of web promotion, social media management held not liable to withholding tax u/s 195 as per the provisions of…

4 years ago
  • Income Tax

Interest on FDR pledged as security to obtain contract held as business income

Interest on FDR pledged as security for obtaining contract is business income and profits to be computed by applying NP…

4 years ago
  • Income Tax

CPC-TDS established procedure for refund of excess TDS deposited

CPC-TDS established procedure for refund of excess TDS deposited ABCAUS Case Law Citation:ABCAUS 3333 (2020) (07) HC In the instant…

4 years ago
  • Income Tax

Section 292BB not applicable to legal representative. Notice u/s 148 in the name of deceased assessee invalid

Section 292BB not applicable to legal representative. High Court quashed reopening notice issued in the name of deceased assessee. ABCAUS…

4 years ago
  • Income Tax

ITD to ask taxpayers verify financial transaction information for FY 2018-19

Income Tax Department to start e-campaign to ask taxpayers to verify financial transaction information for FY 2018-19 received from various…

4 years ago
  • Income Tax

New Form 26AS will desist taxpayers who conceal financial transactions – CBDT

New Form 26AS will desist those taxpayers who inadvertently conceal financial transactions in returns   Government of IndiaDepartment of RevenueMinistry…

4 years ago
  • Income Tax

Income of RERA Bihar exempted u/s 10(46) – CBDT Notification

Income of RERA Bihar exempted u/s 10(46) of Income Tax Act 1961- CBDT Notification Income of RERA Bihar exempted MINISTRY…

4 years ago
  • Income Tax

CBDT refunded Rs. 71,229 crore so far to help taxpayers during COVID-19 pandemic

CBDT refunded Rs. 71,229 crore to help taxpayers liquidity during COVID-19 pandemic CBDT has refunded Rs. 71,229 crore so far…

4 years ago