Due Date to File ITR for FY 2018-19 AY 2019-20 Extended to 30 November 2020
Due Date to File ITR for FY 2018-19 AY 2019-20 Extended to 30 November 2020 Considering the genuine difficulties being...
Articles
No requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares
Ministry of Finance No requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares...
Tax clearance certificate: Section 230 of Income Tax Act
(Tax clearance certificate) Section 230 of the Income Tax Act 1961 Section 230 (1): Subject to such exceptions as the...
Final Opportunity – One-time relaxation for Verification of Income-tax Returns by EVC/ITR-V
Final Opportunity - One-time relaxation for Verification of Income-tax Returns by EVC/ITR-V for Assessment Years 2015-16, 2016-17, 2017-18, 2018-19 and...
Agricultural Income – Overview & Taxability
Meaning of Agricultural Income The Income-tax Act has its own definition of agricultural income which constitutes the following 3 main...
How to fill form 26QB:TDS on sale of property
I. Steps to fill form 26QB : Log on to TIN NSDL website ( www.tin-nsdl.com ). Under 'TDS on sale of property',...
Transparent Taxation – Honouring the Honest
Prime Minister's Office Prime Minister Narendra Modi launches platform for “Transparent Taxation - Honouring the Honest” Tax system aims to...
Income Tax Department searched premises of Chinese entities
Ministry of Finance Income Tax Department conducts search on premises of Chinese entities Posted On: 11 AUG 2020 Based on...
Foreign Company: Meaning & Income Tax Rate
FOREIGN COMPANY: In this article we discuss about the meaning of the Foreign Company and what Income Tax Rate applicable...
Section 12AB of Income Tax Act, 1961- Provisions & registration procedure
Is registration of a trust mandatory? It is mandatory for a trust to get the registration under section 12AB of...