Category: Income Tax
CBDT extends due dates for filing of various Forms due to glitches in e-filing portal Due to the difficulties/glitches reported by the taxpayers and other stakeholders in e-filing portal in filing of certain Forms, Central Board of Direct Taxes (CBDT) has issued Circular No. 16/2021 dated …
Resolve glitches in e-filing portal by 15.09.2021 – Finance Minister told Infosys. Finance Ministry had a meeting with Infosys on glitches in e-filing portal of Income Tax Department Resolve glitches in e-filing portal by 15.09.2021 – this is reported to be demanded by Finance Minister from Infosys Yesterday …
Once capital gain taxed in hands of individual member of society, same cannot be taxed again in the hands of society ABCAUS Case Law CitationABCAUS 3544 (2021) (08) ITAT Important case law relied referred:Corporation of India Ltd. – 187 ITR 688 (SC)Mohinder Kaur JoshPunjabi Coop House Building Society …
Prosecution u/s 276C(1) / 277 based on information / photocopies received under DTAA for third country non sustainable In the instant case, the Income Tax Department (Revisionist) had filed a revision petition against the impugned order passed by the Court of Additional Chief Metropolitan Magistrate (ACMM) discharging the …
Signing of ITRS and appearance by authorised representatives for assessees undergoing bankruptcy. The Income-tax (24th Amendment) Rules, 2021 Signing of ITRS and appearance by authorised representatives for assessees undergoing bankruptcy. Section 140 of the Income Tax Act 1961 prescribes who shall verify the income tax return (ITR) for …
CPC can not adjust refund in excess of 20% for disputed outstanding demand. Order u/s 245 or order u/s 220(6) do not authorise recovery in excess of 20%. ABCAUS Case Law CitationABCAUS 3542 (2021) (08) HC Important case law relied referred:Amrit Singh Ahluwalia vs. State of Punjab & …
CBDT transfers 222 Principal Commissioners / Principal Directors of Income Tax CBDT has ordered transfers of 222 Principal Commissioners / Principal Directors of Income Tax. Additional charge arrangements have also been made in in 79 cases. The said transfers are part of Annual General Transfers 2021. Read CBDT …
Income Tax Department recruiting sportsman to the post of Income Tax Inspector, Tax Assistant and Multi Tasking Staff. Last date to apply 30.09.2021 Income Tax Department recruiting sportsman. Office of the Principal Chief Commissioner of Income Tax UP (East) Region is inviting applications from meritorious sportsman for recruitment …
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 …
CBDT transfers 497 Joint / Additional Commissioners of Income Tax CBDT has made transfers/posting of 497 Income Tax Officers in the grade of Joint / Additional Commissioners of Income Tax. The breakup of transfers made are as under: 170 Mandatory Transfer/Review Cases 123 Request Cases 184 Promotion cases …
