Tag: income tax advisory
Income Tax Department had issued an advisory on new time limit for filing TDS/TCS correction returns as per Income Tax Act 2025 which reduced time limit to two years from six years. The Finance Act (No. 2), 2024, has amended Section 200(3) and Section 206C(3B) of the Income-tax …
CBDT urges NRIs with inoperative PAN to intimate NRI status to jurisdictional Assessing Officer Income Tax Department has issued an advisory for Non Resident Indians whose PAN are inoperative. According to the advisory, if any NRI’s PAN is still inoperative, he/she is requested to intimate his/her NRI status …
Do taxpayers have to re-register their DSC and re-generate passwords on the new e-filing portal again from June 7th onwards? The Income Tax Department is going to launch a new E-filing website i.e. www.incometax.gov.in on 7th June 2021. In preparation of the transition to the new system, the existing E-filing portal will …
Giving Scrip wise details of long term capital gains in Schedule 112A of ITR is optional – CBDT clarification As per advisory hosted at income tax e-filing website, Schedule 112A and 115AD(1)(iii) of long term capital gain are provided in the Income Tax Return software as per the …
