Cost inflation index notified for FY 2020-21 for calculation of LTCG The CBDT recently notified the cost inflation index at 301 for the… Sweta DugarPosted on June 15, 2020June 16, 2020
CBDT notifies ITRs for the tax filings of AY 2020-21 (FY 2019-20) The CBDT has notified the income tax returns for tax filings for… Sweta DugarPosted on June 1, 2020June 1, 2020
New Form 26AS notified with effect from 1 June 2020 Form 26AS is an annual statement stating the tax payment details including… Sweta DugarPosted on May 29, 2020June 1, 2020
B2B transactions exempt from deploying e-payment facilities u/s 269SU Every business with a turnover above Rs 50 crore in the previous… Sweta DugarPosted on May 20, 2020May 21, 2020
Government to consider tax refunds for large entities The government is likely to provide large entities with income tax and… AJPosted on April 17, 2020April 21, 2020
Form 15G and 15H submitted for FY 2019-20 is valid up to 30 June 2020 Form 15H and 15G submitted for claiming nil tax or TDS will… Sweta DugarPosted on April 6, 2020April 7, 2020
Hacking Into GST Database Can Result in 10-Year Imprisonment As per a notification that was released on 4 February, the Ministry… Bhavana PNPosted on February 7, 2020February 12, 2020
CBDT Clarifies the TDS Applicability on Mutual Fund Dividend The budget proposes for the abolition of Dividend Distribution Tax (DDT) paid… Sweta DugarPosted on February 4, 2020February 5, 2020
IT department to allow payment of tax assessment demands in instalments The income tax department had raised tax demands in the tax assessments… Sweta DugarPosted on January 21, 2020January 23, 2020
Government makes an upward revision to the GST revenue targets The Ministry of Finance has raised the bar for the GST collections… Annapoorna MPosted on January 20, 2020January 24, 2020