Income Tax News
CBIC makes changes in the Customs Act, 1962
30 October 2020 at 11:33CBIC makes changes in the Customs Act, 1962 vide Tariff Notification No.103/2020-Customs(N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold, and Silver- Reg.
CBDT issues tax refund of Rs. 1,26,909 crores to 39.14 lakh taxpayers
29 October 2020 at 10:51CBDT issues tax refund of Rs. 1,26,909 crores to 39.14 lakh taxpayers
Govt. increases payment date for Vivad se Vishwas Scheme to 31.03.2021
28 October 2020 at 11:06Govt. increases payment date for Vivad se Vishwas Scheme to 31.03.2021
Income-tax (23rd Amendment) Rules, 2020
27 October 2020 at 11:09CBDT released the Income Tax (23rd Amendment) Rules 2020 on 22nd October 2020. Read the official notification and changes made here.
CBDT extends the due date for filing of Tax Audit Report and ITRs
24 October 2020 at 15:09In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, CBDT has extended the due date for filing of Tax Audit Report and ITRs.
CBDT releases instructions for filing of ITR forms for AY 2020-21
24 October 2020 at 11:35CBDT releases instructions for filing of ITR forms for AY 2020-21
Income Tax Department issues New Tax Audit Utility - Form 3CD Schema (Version 1.21)
24 October 2020 at 11:35Income Tax Department issues New Tax Audit Utility - Form 3CD Schema (Version 1.21)
DGGI busts exporter companies for defrauding exchequer through fraudulent claims of ITC and cash refund of around Rs. 61 crore
09 October 2020 at 18:00DGGI busts exporter companies for defrauding exchequer through fraudulent claims of ITC and cash refund of around Rs. 61 crore
Income Tax Department conducts searches in Bihar & UP
07 October 2020 at 18:49Income Tax Department conducts searches in Bihar & UP
Refunds issued by CBDT on account of IT & Corporate Tax from 1st April 2020 to 6th October 2020
07 October 2020 at 18:48Refunds issued by CBDT on account of Income Tax and Corporate Tax from 1st April 2020 to 6th October 2020
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