Tag: Annual Information Statement

Roll out of ‘AIS for Taxpayer’ Mobile App by Income Tax Department The Income Tax Department has launched a Mobile app, namely, ‘AIS for Taxpayer’ to facilitate taxpayers to view their information as available in the Annual Information Statement (AIS) / Taxpayer Information Summary (TIS). ‘AIS for Taxpayer’ …

CBDT rolls out of the new Annual Information Statement. AIS should be considered in filling the original ITR or revised ITR to reflect the correct information   Income Tax Department has rolled out the new Annual Information Statement (AIS) on the Compliance Portal which provides a comprehensive view …

Information of GST return to be part of Annual Information Statement in Form 26AS F.No.225/155/2020/ITA.IIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes**** New Delhi, the 29th September, 2020 Order In exercise of powers conferred under section 119 of the Income-tax Act,1961 read with sub-rule (2) …

New Form 26AS will desist those taxpayers who inadvertently conceal financial transactions in returns   Government of IndiaDepartment of RevenueMinistry of FinanceCentral Board of Direct Taxes   New Delhi, 18th July, 2020   PRESS RELEASE New Form 26AS is the Faceless hand-holding of the Taxpayers   The new …

CBDT notifies Form of Annual Information Statement u/s 285BB by inserting rule 114-I. This will replace the existing Form 26AS of TDS/TCS The Finance Act 2020, in order to extend the scope of Form 26AS beyond the information about tax deducted, inserted a new section 285BB regarding Annual …