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Income Tax

Tax deduction limit increased to 14% on employers contribution to NPS account of State Govt Employees

Tax deduction limit increased to 14% on employers contribution to NPS account of State Govt Employees Taxpayers can file updated Income Tax return within two...

Income Tax: e-Verification Scheme, 2021

Income Tax: e-Verification Scheme, 2021 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 13th December, 2021 (INCOME-TAX) S.O. 5187(E).—In exercise of the powers conferred...

ITR filing deadline extended from Dec 31 to January 10, 2021

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought...

Income Tax returns filing deadline for FY20 extended till December 31, 2020

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought...

CBDT extends due date for Income Tax Returns for FY 2018-19 (AY 2019-20)

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 56/2020-Income Tax Dated: 29th July, 2020 TAXATION AND OTHER LAWS S.O. 2512(E).– In exercise of the...

Income-tax (18th Amendment) Rules, 2020 – Statement of income paid or credited by an investment fund

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th July, 2020 INCOME-TAX G.S.R. 469(E).-In exercise of the powers conferred by sub-section (7) of section 115UB read with...

Relaxation of Eligibility of MTS in appearing Ministerial Staff Exam 2020

DIRECTORATE OF INCOME TAX (Exam & OL) 5th floor, Mayur Bhawan, Connaught Circus, New Delhi - 110001 F. No. DE-2020/Notification-II/ADG/81-98 Dated: 20.07.2020 To, All Pr. Chief Commissioner of Income...

New Form 26AS is the Faceless hand-holding of the Taxpayers

The new Form 26AS is the faceless hand-holding of the taxpayers to e-file their income tax returns quickly and correctly. From this Assessment Year,...

Processing of returns with refund claims under section 143(1) of the Income-tax Act,1961

F.No.225/98/2020/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi the 10th July, 2020 Order under section 119 of the Income-tax...

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