Compliance Check Functionality for Section 206AB & 206CCA-Download Circular
Finance Act, 2021 inserted two new section 206AB & 206CCA in the Income-tax Act 1961 (hereinafter referred to as “the Act”) …
TDS/TCS
Section 206AB and 206CCA: Higher Rate of TDS/TCS for Non-Filers of Income Tax Return (w.e.f. 1st July 2021)
In Union Budget 2021 , Finance Minister takes note of changes proposed with regard to some of the TDS provisions …
ITR, Tax Audit, TDS and various other due dates extended for FY 2020-21 (AY 2021-22):COVID-19 Relaxation (View Circular)
Owing to Second wave of COVID-19 Pandemic , the Central Board of Direct Taxes ( CBDT ) vide Circular No. …
Section 194C of Income Tax Act 1961: TDS on Payment to Contractors/Sub-Contractors
Introduction of Section 194C of Income Tax Act, 1961 Section 194C is a most popular section among business houses as …
Section 194J of Income Tax Act: TDS on Fees for Professional or Technical Services-With FAQ’s
Deduction of Tax At Source proves to be very much helpful to Government of India in the Collection of Taxes …
Income Tax Return Due Date Extended for FY 2019-20/AY 2020-21
On 01-May-2021, the Ministry of finance after taking into consideration the severe impact of the Covid-19 pandemic and the multiple …
Section 194Q Analysis: TDS on Purchase of Goods-Applicability, Threshold, Rate (With 35 FAQ’s)
In the Union Budget 2021-22 Government amazed the Businesses by proposing a new Section 194Q of Income Tax Act on …
Latest TDS Rate Chart for FY 2021-22 (AY 2022-23)|Pdf Download
Last year Finance Minister Nirmala Sitharaman has announced a slew of direct tax measures as part of the Covid-19 relief package on …
STATUTORY & TAX COMPLIANCE CALENDAR FOR DUE DATES OF INCOME TAX/TDS/TCS/PROFESSIONAL TAX/GST/ESI/EPF/ROC FOR DECEMBER 2020
The Statutory & Tax Compliances under various tax laws are approaching. In this article we are compiling the Due Dates …
Interest u/s 201(1a) of Income Tax Act, 1961
A person is liable to pay interest for various delays/defaults & one of them is Interest u/s 201(1a) of Income …