Clipped from: https://taxguru.in/income-tax/income-tax-extension-due-dates-extended-due-dates.html In order to provide much awaited relief to its taxpayers during the pandemic faced by the entire country, the Central Board of Direct
Category: Income Tax
IT Department extends compliance dates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/it-department-extended-compliance-dates/article34456604.ece Must file returns on or before May 31 Income Tax Department on Saturday eased the compliance by extending certain due dates. The payment
MSMEs seek easing of NPA, compliance rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-seek-easing-of-npa-compliance-rules/articleshow/82287398.cmsSynopsis The Federation of Indian Small and Medium Enterprises (FISME) also pitched for creation of a “war-room” to monitor prices of key raw materials
Assocham MSME chairman urges Centre to relax norms in view of second wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/assocham-msme-chairman-urges-centre-to-relax-norms-in-view-of-second-wave/articleshow/82320910.cmsSynopsis Assocham along with other national and regional organisations have urged the Centre to extend the deadline for statutory filings in view of the
Covid second wave: Industry body, MSMEs drag government, taxman to court over not extending deadlines – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/second-covid-wave-industry-body-msmes-drag-government-taxman-to-court-over-not-extending-deadlines/articleshow/82321202.cmsSynopsis Companies are worried that they would face penalties and jail term if they don’t follow deadlines. MUMBAI: An industry association and a group
capital gains tax: How can I save on capital gains tax from sale of plot? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-can-i-save-on-capital-gains-tax-from-sale-of-plot/articleshow/82291322.cmsSynopsis The due date to invest in CGAS is 31 July 2021. Investments in post office time deposits are not eligible for the purpose
income tax show cause notice – Norton Safe Search
Clipped from: https://nortonsafe.search.ask.com/web?chn=prev&cmpgn=&doi=2021-01-14&geo=&guid=4e1cc573-59d9-4454-b2ac-cf1de030c879&o=APN12174&p2=%5EEQ%5Ecd00in%5E&prt=cr&trackId=&ver=3.14.3.7&tpr=4&q=income+tax+show+cause+notice&ts=1619659788159&ssrt=2300Web Results Show Cause Notices – TaxGuruhttps://taxguru.in/income-tax/show-notices.html 18 Apr 2020 … Show cause notice means a Court order that requires a party to appear before the court and explain
extended period of limitation in income tax cases – Norton Safe Search
Clipped from: https://nortonsafe.search.ask.com/web?q=extended%20period%20of%20limitation%20in%20income%20tax%20cases&vendoroffered=ask&extntype=legacyv1&vendorConfigured=ask&o=APN12174&prt=cr&ver=3.14.3.7&tpr=111&chn=prev&guid=4e1cc573-59d9-4454-b2ac-cf1de030c879&doi=2021-01-14Web Results INVOKING EXTENDED PERIOD OF LIMITATION FOR …https://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=9105 22 Apr 2020 … INVOKING EXTENDED PERIOD OF LIMITATION FOR … In taxation, it (“ suppression of facts”) can have only one meaning
show cause notice reply in gst –
Clipped from: https://nortonsafe.search.ask.com/web?q=show%20cause%20notice%20reply%20in%20gst&vendoroffered=ask&extntype=legacyv1&vendorConfigured=ask&o=APN12174&prt=cr&ver=3.14.3.7&tpr=111&chn=prev&guid=4e1cc573-59d9-4454-b2ac-cf1de030c879&doi=2021-01-14Web Results GST Notices – Overview, Reasons, Types & Reply Formathttps://cleartax.in/s/gst-notices 16 Mar 2021 … GST Notices are of many types. Get a complete list! Reply to show cause notice on time, giving SCN reference
When to Say No to Cash Transaction under Income Tax Act, 1961–tax guru
Clipped from: https://taxguru.in/income-tax/cash-transaction-income-tax-act-1961.html A. Income Tax Act, 1961 discourages transactions in cash through several of its provisions. This is done with a view to- counteracting money
SEBI eases compliance requirements, cos can file Q4 results till Jun 30–business today
The companies have also been given an additional month till June 30 to file their annual secretarial compliance report. SEBI also eased compliance requirement for
Net-shy Covid patients feel payment pain, major worry for many in small-town India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/net-shy-covid-patients-feel-payment-pain/articleshow/82301096.cms Synopsis–Families of these Covid-19 infected persons are asking friends and relatives who use netbanking to transfer money to the hospitals and clinics to
80% MSMEs, startups urge FM Sitharaman to extend GST payment, return filing deadlines without penalty – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/80-msmes-startups-urge-fm-sitharaman-to-extend-gst-payment-return-filing-deadlines-without-penalty/2241340/ Credit and Finance for MSMEs: The government had last week announced the extension of the deadline for payments under the Direct Tax Vivad
YOUR QUERIES: INCOME TAX- For NRIs, only income sourced from India will be liable to tax – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-for-nris-only-income-sourced-from-india-will-be-liable-to-tax/2241249/ Every individual having income above the prescribed threshold, has to declare particulars of income earned/ loss incurred under different heads, deductions/ exemptions claimed
Crores of traders urge FM Nirmala Sitharaman to defer GST, income tax compliances by three months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/crores-of-traders-urge-fm-nirmala-sitharaman-to-defer-gst-income-tax-compliances-by-three-months/2239771/ Covid impact on MSMEs: “The daily business loss due to lockdown in Delhi is likely to be around Rs 600 crore while for
करावे कर-समाधान : रोखीचे व्यवहार आणि प्राप्तिकर कायदा | लोकसत्ता
lipped from: https://www.loksatta.com/arthvrutant-news/cash-transactions-and-income-tax-law-akp-94-2453603/ प्राप्तिकर कायद्यातसुद्धा अशा व्यवहारांवर निर्बंध आणण्यासाठी अनेक तरतुदी आहेत आणि त्या वेळोवेळी अधिक कडक करण्यात आल्या. || प्रवीण देशपांडे रोखीच्या व्यवहारांवर मागील काही
India Inc may have to keep date with filings as Sebi cites partial lockdown | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-may-have-to-keep-date-with-filings-as-sebi-cites-partial-lockdown-121042600038_1.html Auditors struggle with Covid, but no extension likely for FY21 earnings reports At present, listed companies are required to file their fourth quarter
More clarity now on cross-border taxation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/more-clarity-now-on-cross-border-taxation/article34408118.ece This apart, the amendments in the Budget give a fillip to foreign institutions to invest in India In the backdrop of the Covid-19
How LTCG tax is calculated when the actual acquisition cost is not available – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-ltcg-tax-is-calculated-when-the-actual-acquisition-cost-is-not-available/article34403428.ece In respect to some of the equity investments in listed companies made by me, both through primary and secondary markets, I am planning
CBDT issues procedure and guidelines for submission of Statement of Financial Transactions for dividend, interest income – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-procedure-and-guidelines-for-submission-of-statement-of-financial-transactions-for-dividend-interest-income/2239006/ The statement of financial transactions shall be furnished on or before the 31 st May, immediately following the financial year in which the