FM launches the facility of instant allotment of PAN
Income Tax Refunds worth Rs 26,242 crore issued since 1st April 2020 says CBDT
CBDT gives clarification on e-payment facilities u/s 269SU
New TDS/TCS rates reduced by 25% wef 14/05/2020
FM announced the extension of the due date to file the Income Tax Return and Tax Audit for the Financial Year 2019-20 and reduction in the TDS and TCS rates by 25% for the period 14/05/2020 to 31/03/2021.
Clarification in respect of residency under section 6 of the Income-tax Act, 1961Section 6 of the Income-tax Act, 1961 (the Act) contains provisions relating to residency of a person. The status of an individual as to whether he is resident in India
New procedure for registration, approval, etc. of certain entities deferred to 1st October, 2020
CBDT amends rule 44G to invoke mutual agreement procedure
CBDT defers GST, GAAR reporting in Tax Audit Report till 31st March, 2021
A fake message was being circulated on Whatsapp that in the wake of the outbreak of Coronavirus the government will enact the Compulsory Deposit Act under which the taxpayers will be asked to deposit 18% to the government.