To discourage cash transactions and move towards less cash economy, the Finance (No. 2) Act, 2019…
Category: Income Tax
Section 194M: TDS On Payment By Individual/HUF to contractors and professionals
A New section 194M has inserted by Finance Act, 2019 to break loophole while payment by…
Challan Correction Mechanism
Individuals can pay income tax by two mode:-1. Offline i.e Physcial Challan2. Online i.e E-payment of…
Notice Invalid, If No DIN ON Income Tax Notice
From 1st October 2019, Any communication from Income Tax Department without a computer generated DIN, be…
Due Date of Audit Extended For The FY 2018-19
Just, Income tax Department tweet that CBDT has decided to Extent the Due Date of Audit…
No Need To Enter Script Wise Detail in ITR
The Central Board of Direct Taxes has clarified that scrip-wise details for Long Term capital gains…
Extension of date for filing of Income Tax Returns
The due date for filing of Income Tax Returns for Assessment Year 2019- 20 is 31.07.2019…
Finance No 2 Bill 2019 & Memorandum To Finance Bill 2019
Link of Finance No 2 Bill 2019 Link of Memorandum To Finance Bill 2019 Link Of…
CBDT Futher Deferred the Implementation Of GAAR And GST Details In Form 3CD
Today, CBDT futher deferred the implementation Of General Anti-Avoidance Rules (Clause No.30C) And GST Details (Clause…
Hand Staking Between Income Tax And GST Department
The Central Board of Direct Taxes going to share ITR data with GSTN to detect tax…