Category: Income Tax
Govt. has notified that interest rates of Small Savings Schemes (NSC, PPF, KVP, SSAS, SCSS, etc.) have been increased by 0.3% to 0.4% in respect of Q3 of FY 2018-19 …
IT Deptt has released/ updated all Excel Utility for e-filing of all New Income Tax Return (ITR) Forms (FY 2017-18/ AY 2018-19), i.e. ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-5, …
ICAI has released a Guide for "Taxation of Non Residents" in India, which deals with various important issues relating to Residential Status, Income Deemed to Accrue or Arise/ not to …
ICAI has submitted a Representation to CBDT on 31 Aug. 2018 requesting for extension of last date for submission of Tax Audit Reports and related returns (ITR) for AY …
CBDT has notified new Income Tax Return (ITR) forms for FY 2017-18/ AY 2018-19 (ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-5, ITR-6 and ITR-7) and has released Instructions (download …
CBDT has issued draft Notification on proposed amendments in PAN Application Forms 49A/ 49AA and IT Rule 114, whereby furnishing of father's name shall not be mandatory for a …
CBDT notifies the 'Income-tax (9th Amendment), Rules, 2018', amends meaning of the term 'balance sheet' defined under IT Rule 11U(b) and inserts new IT Rule 11UAB on 'Determination of …
CBDT has extended the ITR due date, in respect of FY 2017-18/ AY 2018-19, from 31 July 2018 to '15 September 2018 for Kerala' and '31 August 2018 for Rest …
ICAI has released 'Implementation Guide' for 'Revised Tax audit Report (Form 3CD)' applicable from 20 Aug. 2018. This guide will supplement the ICAI's 'Guidance Note on Tax Audit (2014)' …
The CBDT has issued Clarification Circular in respect of Immunity provided to an Assessee u/s 270AA of Income-tax Act, 1961 stating that grant of immunity by AO from penalty, etc. …