EXTENSION OF DUE DATE OF INCOME TAX RETURN AND AUDIT REPORTS FOR FY 19-20 Government has given a big relief by extending the due date of Income Tax Return and Audit Report for FY 19-20 VIDE Press Release dt 24.10.2020. Vide notification on 24th June 2020 govt has extended the due date for all Income […]
INCOME TAX TDS DUE DATE EXTENSION Income Tax Department issued notification no 35/2020 dated extending due dates further till 31.03.2021. Exceptions were also provided in the said notification for which extension will not be provided till 31.03.2021. Read Also : GSTR-4 Filing for Composition Dealers Due dates for TDS for Ist and 2nd Quarter of […]
E-CAMPAIGN FOR VOLUNTARY COMPLIANCE TO BE LAUNCHED BY CBDT FROM 20.07.2020 Income Tax Department will launch a special e campaign from 20.07.2020 for voluntary compliance for FY 2018-19. This campaign will end on 31.07.2020 and will focus on the taxpayers who are either non filers or have deficiency in their Income Tax Returns for FY […]
Big relief for AY 15-16 to AY 19-20 CBDT has announced One-Time relaxation for verification of Income Tax Returns for last five assessment year from AY 15-16 to AY 19-20. Relief is being given to them who have FILED their return, but haven’t verified it. Now Verification can be done through:- Aadhar otp, By logging […]
TDS new rates from 14.05.2020. In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic, the rates of Tax Deduction at Source (TDS) for the following non-salaried specified payments made to residents has been reduced by 25% for the period from 14th […]