Further extension likely as glitches in new e-filing portal expected to be fixed in next 2-3 weeks
Glitches in new income tax e-filing portal expected to be fixed entirely in next 2-3 weeks – FM
As per ANI, Finance Minister Nirmala Sitharaman has stated that the glitches faced in the new income tax e-filing portal are expected to be fixed entirely in the next 2-3 weeks.
If so, the extension of due dates for filing various forms etc. which are expiring on 31st August 2021 are likely to be extended further Â
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- Penalty section cannot be subject matter of revisionary jurisdiction under section 263
- Related party transaction u/s 40A(2) shall be treated as bona fide, unless evading tax
- ‘Transfer of property’ not include ‘acquiring’ of property or ‘purchasing’ of property – ITAT
- AO was not justified in questioning cash withdrawals from bank account – ITAT
