Tag: INCOME TAX UPDATE

TDS RATE FROM 14.05.20

EXTENSION OF INCOME TAX DUE DATES

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 […]

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income tax tds extension

INCOME TAX TDS DATE EXTENSION

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 […]

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CBDT TO LAUNCH E-CAMPAIGN

CBDT to start e-campaign for voluntary compliance

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 […]

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itr filing date extension

Deduction In Income Tax

Deduction in Respect of Certain Payments Deduction in Income Tax in respect of certain payments made are allowed from 80C to 80GGC.Here we will discuss about 80C deduction. Sectors in which you can invest and get Tax benefit. First of all we will see that which assessee can get deduction  The deduction is allowed only […]

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income tax work

INCOME TAX WORK TO BE DONE BEFORE 31.03.2020

Important Points for Taxpayer to do  before 31st March 2020 – Income Tax As we are all aware that the Financial year 19-20 is coming to end. 31st March 2020 is the last date for the Financial Year.  So all the taxpayers has to complete their financial obligation on or before 31.03.2020 . Some of […]

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