Government to make amendments in the Income Tax Act to help home-buyers as well as developers
CBIC Notifies Tax Deposit Amount for persons who have opted to furnish a return for every quarter
CBIC makes amendments to the Central Goods and Services Tax Act, 2017 (12 of 2017)
In order to make tax compliance more convenient, pre-filled ITRs have been provided to individual taxpayers. The ITR form now contains pre-filled details of certain incomes such as salary income.
CBIC has issued revised policy & guidelines for setting up of ICDs/CFSs/AFSs. New guidelines take into account the present capacity, future growth potential & regional imbalances; ensure uniformity, transparency & seamless approval process.
CBIC has appointed senior Nodal Officers in each Customs Zone to fast track Faceless Assessment. If required, importers may contact these Nodal Officers for faster clearance of their imports.
CBDT issues refunds of over Rs. 1,29,190 crores to over 9.49 lakh taxpayers between 1st April 2020 and 3rd Nov 2020
ICAI releases the Tax Audit Checklist u/s 44AB. Download in PDF or Word Document.
CBIC releases a guidebook on the successful implementation of Faceless Assessment across the country
Income-tax Exemption for payment of deemed LTC fare for non-Central Government employees