Income Tax

Karnataka Taxpayers Association has released a Press note and stated that New Income Tax Filing Portal has crashed within an Hour of Launching & till date not repaired. It further states that New Port...

CBDT has amended Rule 31A of Income Tax Rules, 1962, Form 26A, form 26Q and following annexures to Form 26Q i.e. Deductee/Payee Wise Break Up Of TDS, Form 27EQ, annexures to Form 27EQ – Party Wise Bre...

CBDT approves M/s Indian Institute of Technology (IIT), Bhilai for Scientific Research and Research in Social Science and Statistical Research for the purposes of clauses (ii) and (iii) of sub-section...

Waiver of interest and late fee for normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers (Part 1 & Part 2) Government has granted waiver from payment of interest an...

New, Taxpayer-friendly e-filing Portal of the Income Tax Department To Be Launched on 7th June, 2021 Several New Features Introduced Free of Cost ITR Preparation Interactive Software Also Available Ne...

BJP professional cell has requested FM Smt. Nirmala Sitharaman Madam through its president CA Shailesh R. Ghedia for extension of time limit for Re-registration under section 12AB of Income Tax Act, 1...

Annexure 1 Important points to remember while filing return of income in ITR utility for ITR-3 (online or offline) Validation Rules The validation process at e–Filing/CPC end is to be carried out for...

Instructions to Form ITR-3 (A.Y 2021-22) Instructions for filling out FORM ITR–3 These instructions are guidelines for filling the particulars in Income-tax Return Form-3 for the Assessment Year 2021-...

KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R) Date: 4th June 2021 To, Shri. J B Mohapatra The Chairman Central Board of Direct Taxes, New Delhi – 110001 Respected Sir, SUBJECT: SUGGESTIONS TO...

DSC to be re-registered afresh 7th June onwards on new Income Tax portal Please ensure that you re-register your current valid DSC on the new e-filing portal https://www.incometax.gov.in from June 7th...

All India MSME and Tax Professionals Association Ref:- AIMTPA/007/21-22 Date:- 30-Mav-2021 To, Honorable Smt. Nirmala Sitharaman ji Finance Minister Government of India New Delhi, Respected Madam Subj...

Instructions to Form ITR-7 (A.Y. 2021-22) Instructions for filling out Form ITR–7 These instructions are guidelines for filling the particulars in Income-tax Return Form-7 for the Assessment Year 2021...

These instructions are guidelines for filling the particulars in Income‐tax Return Form‐6 for the Assessment Year 2021‐2 relating to the Financial Year 2020‐21. In case of any doubt, please refer to r...

These instructions are guidelines for filling the particulars in Income-tax Return Form-5 for the Assessment Year 2021-22 relating to the Financial Year 2020-21. In case of any doubt, please refer to...

INCOME TAX APPELLATE TRIBUNAL Date : 4th June, 2021 NOTICE Subject : Launching of e-Filing Portal of Income Tax Appellate Tribunal. Whilst the outbreak of COVID-19 Pandemic has posed significant chall...

F. No.A-35015/7/2012-Ad.V1 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi, The 03rd June, 2021 Office Order No. 140 of 2021 With t...

F. No. 225/53/2020/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** New Delhi, the 31st May, 2021 Order under section 138(1)(a) of Income-tax Ac...

All India MSME and Tax Professionals Association Ref:- AIMTPA/007/21-22 Date:- 30-Mav-2021 To, Honorable Smt. Nirmala Sitharaman ji Finance Minister Government of India New Delhi, Respected Madam Subj...

Article explains New Era of Transparent Taxation and covers key Key Reforms Easing Lives of Taxpayers, Legislative Measures Furthering Ease of Doing Business & Curbing Corruption, Ushering in Transpar...

General Instructions These instructions are guidelines to help the taxpayers for filling the particulars in Income-tax Return Form-4 for the Assessment Year 2021-22 relating to the Financial Year2020-...