Income Tax

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of […]

ITR Due date for AY 2019-20 extended   On further consideration of genuine difficulties being faced by taxpayers due to

No requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares in Income tax

Compulsory filing of Income tax return (ITR) It was very much cleat until FY 2018-19 that, filing of income tax

Option to e-verification of old ITRs for AY 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20 has been re-enabled as per circular

Received e-campaign email from income tax department? Don’t ignore or overlooked, this may be your last chance to avoid tax

In order to give relief to the taxpayers amid Covid-19 pandemic, CBDT vide notification 56/2020 dt 29th July 2020, further

The CBDT has given one-time relaxation vide circular 13/2020 dated 13th July 2020, to verify pending Income-tax returns, filed for

The Finance Act 2019 had introduced a new section 194N in the Income Tax Act 1961, to provide for levy