Supreme Court declares part of Section 254(2A) unconstitutional. Learn how this impacts stay of demand beyond 365 days for taxpayers.
Discover extended deadlines for SFT, SRA, TDS, IT Returns, and more. Stay compliant with the latest CBDT announcements. Learn more now!
Stay informed with key CBDT notifications and circulars from January 2021. Discover direct tax updates, search operations, and new e-portals.
Stay informed with the latest CBDT notifications and circulars from August 2020. Discover updates on faceless assessments, tax exemptions, and more.
Stay updated with CBDT notifications and circulars from July 2020. Discover key changes in tax filing, TDS, and exemptions. Read more now!
Understand Section 45(5A) of the Income Tax Act for capital gains on land/building development. Learn about taxability, consideration, and indexation benefits.
Understand CBDT's clarification on short TDS/TCS deduction due to increased surcharge rates from the Finance Act 2020. Learn eligibility criteria.
IntroductionIn this article, we are going to discuss the eligibility criteria for availing the input tax credit (ITC) and the conditions which are required to b...