TDS Utility changes effective from 1st of Oct 2021
File Validation Utility (FVU) version 7.2 (for quarterly e-TDS/TCS statement from FY 2010-11 onwards) Addition…
Browsing: Income Tax
AO cannot recover TDS from Assesse if the TDS is not deposited by the Deductor: HC
INCOME TAX : Where 2nd respondent company had deducted tax at source from and out…
Union Budget 2021 – All You Need To Know
Union Budget 2021 was presented by the Union Finance Minister Nirmala Sitharaman on February 1st…
From NRI Tax to Fuel Tax – How Recent Finance Bill Amendment Impacts
Lok Sabha passed Amendment Bill last week with significant amendments that would be visible in…
Section 80JJAA – How Is It Useful For The Employers To Employ More To Save Tax
Section 80 – JJAA is concerned with the deduction of cost of the additional employees…
Budget 2020 – Which Sectors Lost and Who Won
Finance Minister Nirmala Sitharaman presented the Union Budget 2020 on February 1st 2020. The FM…
New ITR Forms – What are the Changes Taxpayers Should Know About
The Central Board of Direct Taxes has recently notified two Income Tax Return Forms-…
Section 80EEB – What is this latest deduction about?
In the Union Budget 2019, the Finance Minister of India has announced an incentive for…
ITR- 5 – What is it and who should care about filing ITR 5 form?
ITR-5 form should be filled by the LLPs, Association of persons and Body of Individuals,…
Interest Payment on GST – What are the new changes incorporated?
Finance Minister of India, Mrs. Sitharaman introduced array of changes in the Union Budget 2019…