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16,66,548 ITRs for AY 2020-21 have been filed on 30th December up to 8 PM

31 December 2020 at 10:34

The Income Tax Department, via their official Twitter Handle has released the daily statistics of Income Tax Returns Filed. Know the statistics for 30th December here.

Posted in Income Tax | 1344 Views

CBIC cautions taxpayers regarding Fraudulent Calls, SMS, and Emails

31 December 2020 at 10:34

CBIC, via their official Twitter handle, has bewared the taxpayers on not falling prey to fraudulent calls, SMS or emails, and has clarified that the Indian Customs never calls or sends messages for paying duty in a personal bank account.

Posted in Income Tax | 1674 Views

Odisha becomes the 7th State to complete ease of doing business reforms; Additional borrowing permission of Rs. 1,429 crores issued

31 December 2020 at 10:19

The State has become eligible to mobilize additional financial resources of Rs. 1,429 crores through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure on 30th December 2020.

Posted in Community & General | 1398 Views

New Due Dates for Income Tax Returns, Tax Audit Reports and GST Compliances

30 December 2020 at 18:52

The Finance Ministry via its press release dated 30th December 2020, has extended the due dates for Income Tax Returns, Tax Audit Reports, and GST Compliances. The extended due dates are mentioned here.

Posted in Income Tax | 11 comments | 31872 Views

Government Extends Due Date for Filing Income Tax Returns, Tax Audit Reports and GST Compliances

30 December 2020 at 18:12

In view of the COVID-19 pandemic and the large scale disruption caused as a consequence of it, the Finance Ministry has decided to extend the due dates for Income Tax Returns, Tax Audit Report, and GST Compliances. Check out the extended due dates here.

Posted in Income Tax | 35 comments | 93141 Views

Students appearing in CSEET to be held on 9th January 2021 are compulsorily required to download SEB software

30 December 2020 at 17:13

The Institute of Company Secretaries of India has made an announcement that students appearing in CSEET to be held on 9th January 2021 are compulsorily required to download the Safe Exam Browser Software.

Posted in Students | 1515 Views

CBIC makes amendments in the Exchange Rate of Turkish Lira

30 December 2020 at 17:13

The Central Board of Indirect Taxes and Customs has made an announcement regarding the change in the Exchange Rate of Turkish Lira. Read the official announcement here.

Posted in Income Tax | 2028 Views

Income Tax Department reminds taxpayers to file ITR amidst request for due date extension

30 December 2020 at 15:19

The due date for taxpayers not requiring audit is 31st December 2020 and for those requiring audit is 31st January 2021. File your return now.

Posted in Income Tax | 5046 Views

CBDT issues refunds of over Rs. 1,56,624 crores to more than 1.33 crores taxpayers between 1st April 2020 to 27th Dec 2020

30 December 2020 at 13:07

Income tax refunds of Rs. 50,554 crore have been issued in 1,31,11,050 cases & corporate tax refunds of Rs. 1,06,069 crore have been issued in 2,03,334 cases.

Posted in Income Tax | 1443 Views

GSTN makes taxpayers aware of New Rule 86 (B) on 1% cash payment of the liability

30 December 2020 at 13:07

The GST Portal, via their official Twitter handle, has made the taxpayers aware of the New Rule 86(B) on 1% cash payment of the liability. Read the poster released on the same, here.

Posted in GST | 8055 Views