CBDT to validate Unique Document Identification Number (UDIN) generated from ICAI portal at the time of upload of Tax Audit Reports 26 NOV 2020 6:07PM by The Institute of Chartered…
Income Tax relief for home buyers In case the declared purchase consideration of the land/building is less than the stamp value (circle rate) by up to 20%, there will be…
F.No. 225/270/2017/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, the 31st July, 2017 Order under Section 119 of…
TO BE PUBLISHED IN THE GAZETTE OF INDIA,EXTRAORDINARY,PART II, SECTION 3, SUB-SECTION (ii) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the…
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 25th July, 2017. Issues arising from the implementation of Minimum Alternate Tax…
CBDT to issue legal notice to taxpayers who haven’t responded to cash deposit verifications Income Tax: Issue of notice under section 133(6) of the Income Tax Act, 1961 for verification…
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Instruction No. 03/2017 Dated 21st of February, 2017 Subject: – Standard Operating…
Cost Inflation index base year 1-4-2001 Year Cost Inflation index 2001-02 100 2002-03 105 2003-04 109 2004-05 113 2005-06 117 2006-07 122 2007-08 129 2008-09 137 2009-10 148 2010-11…
Copy of Finance Bill 2017 This time the Union Budget is announced one month in advance unlike the usual practice of announcing it on last day of February. FM,…
Filing of Revised Income Tax Returns by the Tax Payers Post De-Monetisation of Currency Under the existing provisions of Section 139(5) of the Income-tax Act, 1961 (‘Act’), Revised Return can…