Income Tax News

CBDT further extends the date for filing of declarations under the Vivad Se Vishwas Act, 2020 to 31st March, 2021

27 February 2021 at 05:29

The Central Board of Direct Taxes has further extended the due date for filing declarations under the Direct Tax Vivad se Vishwas Act 2020. Updated due dates together with the official notification has been listed here.

Posted in Income Tax | 22686 Views

Rates of TCS applicable for FY 2021-22 (AY 2022-23) by ICMAI

26 February 2021 at 19:19

Rates of TCS applicable for Financial Year 2021-22 (Assessment Year 2022-23) has been listed here.

Posted in Income Tax | 1 comments | 17334 Views

Learn how to Pre-Validate your bank account on the e-Filing portal of IT Department

26 February 2021 at 05:21

Not received your Refund yet? Learn how to Pre-Validate your bank account on the e-Filing portal of the Income Tax Department.

Posted in Income Tax | 2142 Views

Rates of TDS applicable for FY 2021-22 (AY 2022-23) by ICMAI

25 February 2021 at 22:59

Rates Of TDS Applicable as per the Income Tax Act for Financial Year 2021-22 (Assessment Year 2022-23) has been listed here.

Posted in Income Tax | 1 comments | 4614 Views

CBDT issues refunds to more than 1.93 crore taxpayers between 1st April 2020 to 22nd February 2021

24 February 2021 at 17:53

Income tax refunds of Rs. 69,653 crore have been issued in 1,90,52,977 cases & corporate tax refunds of Rs. 1,26,083 crore have been issued in 2,17,399 cases.

Posted in Income Tax | 1266 Views

CBIC exempts certain classes of people from Aadhaar Authentication

24 February 2021 at 05:58

CBIC has exempted certain classes of people from Aadhar Authentication under the provisions of sub-section (6B) or sub-section (6C) of section 25 of the CGST Act.

Posted in Income Tax | 10986 Views

Procedure to be followed by National e-Assessment Centres

18 February 2021 at 05:29

The Central Board of Direct Taxes has laid down the assessment procedure to be followed by National E-Assessment Centres. Read the official notification and procedure released here.

Posted in Income Tax | 2148 Views

Faceless Assessment (1st Amendment) Scheme, 2021 Released

18 February 2021 at 05:25

The Central Board of Direct Taxes has further made amendments in the Faceless Assessment Scheme, 2019 and have released the Faceless Assessment (1st Amendment) Scheme, 2021.

Posted in Income Tax | 10209 Views

CBDT issues refunds to more than 1.90 crore taxpayers between 1st April 2020 and 15th February 2021

17 February 2021 at 16:16

Income tax refunds of Rs. 68,515 crore have been issued in 1,88,02,365 cases & corporate tax refunds of Rs. 1,24,939 crore have been issued in 2,16,064 cases.

Posted in Income Tax | 1020 Views

CBDT issues refunds to more than 1.87 crore taxpayers between 1st April 2020 to 8th Feb 2021

11 February 2021 at 05:33

Income tax refunds of Rs. 67,334 crore have been issued in 1,84,45,638 cases & corporate tax refunds of Rs. 1,23,680 crore have been issued in 2,14,935 cases.

Posted in Income Tax | 1380 Views