Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-icici-bank-customers-can-download-form-16a-interest-certificate/articleshow/77143765.cmsSynopsis ICICI Bank customers can download the TDS certificates i.e. Form 16A and interest certificates via Net Banking facility. Here is the step by
Category: Income Tax
Not filing ITR of your own? You may not get income tax refund – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/not-filing-itr-of-your-own-you-may-not-get-income-tax-refund/2165690/ The Income Tax Department wants people to file ITRs of their own and have taken steps to reduce the dependency on intermediaries. Filing
India’s tax outreach justified – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-tax-outreach-justified/article33503294.ece?homepage=true Right in holding its ground in the Voda retro tax case The challenge is against the award by the Permanent Court of Arbitration
Firms face I-T heat over GST evasion charges; L&T, Zee offices ‘surveyed’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/firms-face-i-t-heat-over-gst-evasion-charges-l-t-zee-offices-surveyed-121010500050_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 The crackdown is part of coordinated action against thousands of entities identified by the Directorate General of GST Intelligence, which recently shared the
Indirect taxes: India’s tax pie gets altered because of pandemic; share of direct taxes drops – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-tax-pie-gets-altered-because-of-pandemic-share-of-direct-taxes-drops/articleshow/80095610.cmsSynopsis The share of indirect taxes, which mainly comprise of levy on goods and services as well as import duty, has risen while that
Beyond Budget Headlines: Govt should standardise income-tax rates, widen base, Video Gallery – Business Standard
Clipped from: https://www.business-standard.com/multimedia/video-gallery/budget/beyond-budget-headlines-govt-should-standardise-income-tax-rates-widen-base-117490.htm Beyond Budget Headlines: Govt should standardise income-tax rates, widen base The year 2020 was no ordinary year and so the Budget 2021 will
Government ropes in I-T department to crack down on GST fraud – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/government-ropes-in-i-t-department-to-crack-down-on-gst-fraud/article33488214.ece?homepage=true Data being pooled to track evasion, says Finance Secretary. Tightening the noose around fraudsters rigging the Goods and Services Tax (GST) regime, the
Rs 83,000 cr disputed taxes settled as 20% cases opt for Vivad Se Vishwas | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rs-83-000-cr-disputed-taxes-settled-as-20-cases-opt-for-vivad-se-vishwas-121010300473_1.html In a massive clean up of legacy issues, nearly one-fifth of about 5 lakh entities locked in tax litigation with the government have
Rs 1 lakh crore disputed tax to be settled under Vivad Se Vishwas scheme: Finance ministry official – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/rs-1-lakh-crore-disputed-tax-to-be-settled-under-vivad-se-vishwas-scheme-finance-ministry-official/articleshow/80083146.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Finance Minister Nirmala Sitharaman had in her Budget for fiscal starting April 2020 announced a Vivad se Vishwas (VsV) Scheme to settle pending
important financial deadlines: 16 financial deadlines in 2021 that you must know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/16-financial-deadlines-in-2021-that-you-must-know/articleshow/79837132.cmsSynopsis Due to novel coronavirus pandemic, various financial deadlines have been extended well into 2021 by the government. Here are the 16 financial deadlines
‘मुदतवाढ म्हणजे क्रूर चेष्टा’; ‘ITR’ मुदतवाढीवरुन सनदी लेखापाल संतप्त -महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/business/business-news/ca-cs-angry-on-itr-deadline-extension/articleshow/80057313.cms मुंबईसारख्या शहरांचा विचार करता, पुढील १० दिवसांत उपनगरी रेल्वे सर्वसामान्यांसाठी सुरू होण्याची शक्यता दिसत नाही. त्यामुळे कंपन्यांकडे पुरेशा प्रमाणात कर्मचारीवर्ग नसणार आहे. परिणामी,
taxes: RoDTEP scheme on all export goods from January 1, 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-extends-benefits-of-tax-refund-scheme-to-all-export-goods/articleshow/80050267.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The scheme, it said, would refund to exporters the embedded central, state and local duties and taxes that were so far not being
ITR Filing Deadline extended: ITR filing deadline extended from Dec 31 to January 10, 2021 for these taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-deadline-extended-from-dec-31-to-january-10-2021-for-these-taxpayers/articleshow/80028841.cmsThe government has extended the deadline to file income tax return (ITR) for FY 2019-20 for individuals from the current deadline of December 31, 2020, to
Coronavirus impact: Govt extends deadline for income tax filing, GST compliance; check out details
Clipped from: https://www.businesstoday.in/money/tax/deadlines-extended-for-income-tax-filing-gst-compliance-check-out-full-details/story/426509.html The government has extended various tax compliance deadlines, including Income Tax Returns, tax audit reports and declaration under ‘Vivad Se Vishwas Scheme, in
ITR Filing deadline: Missing ITR filing deadline on Dec 31 will attract penalty twice that of last year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/missing-itr-filing-deadline-on-dec-31-will-attract-penalty-twice-that-of-last-year/articleshow/79995676.cmsSynopsis The last date to file income tax return for FY 2019-20 is December 31, 2020. As per the income tax laws, a penalty
Vivad se Vishwas: Direct tax dispute resolution scheme may be extended | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/vivad-se-vishwas-direct-tax-dispute-resolution-scheme-may-be-extended-120123000059_1.html This is due to dismal participation and industry representations seeking more time for declaration With two days to go for Vivad se Vishwas
ITR Filing deadline: Missing ITR filing deadline on Dec 31 will attract penalty twice that of last year – The Economic Times
Synopsis The last date to file income tax return for FY 2019-20 is December 31, 2020. As per the income tax laws, a penalty of
Know how the rent collected is accounted for I-T purpose – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/know-how-the-rent-collected-is-accounted-for-i-t-purpose/article33426617.ece Request response on the following questions on tax pertaining to undivided property and tax applicable to rent: 1. Can the rent allotted from
ITR filing: Who has to file income tax return mandatorily? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/who-has-to-file-income-tax-return-mandatorily/articleshow/78965134.cmsSynopsis As per income tax laws, ITR must be mandatorily filed if a resident individual’s total income during the financial year exceeds the basic
Form 26AS: You must check these 5 things in your Form 26AS – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/you-must-check-these-5-things-in-your-form-26as/articleshow/78329479.cmsSynopsis One of the things you should check in your Form 26AS is the information related to income-tax payments such as advance tax and