Reporting of shares-wise details in ITR not required for day trading and short term sale
Income TaxNo requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares in Income tax […]
Income Tax
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Compulsory filing of Income tax return even if income is below taxable limit
Income TaxCompulsory filing of Income tax return (ITR) It was very much cleat until FY 2018-19 that, Compulsory filing of Income
Option to E-verification of old ITRs enabled on Income Tax e-filing portal
Income TaxOption 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
Don’t ignore e-campaign emails received from income tax department !
Income TaxReceived e-campaign email from income tax department? Don’t ignore or overlooked, this may be your last chance to avoid tax
ITR due date for the AY 2019-20 further extended to 30th September 2020
Income TaxIn order to give relief to the taxpayers amid Covid-19 pandemic, CBDT vide notification 56/2020 dt 29th July 2020, further
Income Tax Return filed but not verified ? Here is the good news for you !
Income TaxThe CBDT has given one-time relaxation vide circular 13/2020 dated 13th July 2020, to verify pending Income-tax returns, filed for
TDS under section 194N- Changes applicable from 1st July 2020
Income TaxAll about TDS under section 194N Section 194N of the Income Tax Act, 1961, introduced in 2019 and amended subsequently,
Income-tax (13th Amendment) Rules, 2020. dt 26/06/2020
Income TaxCBDT issued notification 38/2020 inserting new sub-rule 3 in rule 2BB(. [Prescribed allowances for the purposes of clause (14) of
CBDT further extended various compliance due dates under Income Tax Law & Benami law on 24th June 2020
Income Tax✅Compliance relief to the taxpayers due to Covid-19 Pandemic In view of the challenges faced by taxpayers in meeting the