Centre announces tax exemptions and extends compliance deadlines

The government extends the timelines for compliances related to income tax. In…

Finance Ministry to meet Infosys and address queries for the new e-filing portal

The Central Board of Direct Taxes (CBDT) issued a press release statement…

CBDT provides relaxation for submitting Form 15CA/CB for foreign remittances

CBDT had launched a new e-filing portal on 7th June 2021 to…

Double TDS applicable to some taxpayers from 1st of July

Finance Act 2021 introduced a new section 206AB which mandated higher TDS…
Tax Exemption

CBDT Notifies Procedure to File 34BB to Withdraw Pending Application

As per the Income Tax Rules, the assessee can exercise the option…

Know how to report intraday gains and losses on stocks

Investments in the equity market can be either held as ‘capital asset’…
Tax Exemption

The Income Tax e-Filing Portal Will Be Down From June 1 to 6

The income tax department has announced that they will launch a new…
Tax Exemption

CBDT extends the due dates of certain direct tax compliances

CBDT has acted proactively by extending the major tax filing due dates.…

CBDT allows cash payment of over Rs 2 lakh to hospitals for COVID treatment

The Central Board of direct taxes issued a notification last Friday which…
Tax Exemption

Deadline for filing of belated and revised IT return for FY 2019-20 is extended

The income tax department has relaxed various timelines related to the tax…