Ministry of FinanceCBDT issues clarification on eligibility of small Start-ups to avail tax holiday 22 AUG 2019 The Central Board of Direct Taxes (CBDT) has clarified today that small start-ups with turnover upto Rs. 25 crore will continue to get the promised tax holiday as specified in … [Read more...] about CBDT issues clarification on eligibility of small Start-ups to avail tax holiday
Income Tax
Monetary limits for filing of appeals by Income Tax Department further enhanced by CBDT
Ministry of Finance Monetary limits for filing of appeals by Income Tax Department further enhanced by CBDT There is a substantial pendency of appeals of the Income Tax Department before various appellate fora. The CBDT is aware of the importance of litigation management and has been … [Read more...] about Monetary limits for filing of appeals by Income Tax Department further enhanced by CBDT
CBDT – Order under Section 119 of the Income-tax Act, 1961
CBDT Order under Section 119 of the Income-tax Act, 1961 Extension of due date for filing of ITRs for the A.Y 2019-20 from 31st July, 2019 to 31st August, 2019 F. No. 225/157/2019/ ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct … [Read more...] about CBDT – Order under Section 119 of the Income-tax Act, 1961
Clarifications on filing of Annual Return (FORM GSTR-9)
Ministry of Finance Clarifications on filing of Annual Return (FORM GSTR-9) 04 JUN 2019 The last date for filing of Annual return in FORM GSTR-9 is 30th June 2019. The trade and industry have raised certain queries with respect to filing of this Annual return which are being clarified as … [Read more...] about Clarifications on filing of Annual Return (FORM GSTR-9)
Income Tax department revises the Form 16 TDS certificate format issued by employers
Income Tax department revises the (Form 16) TDS certificate format issued by employers The Income Tax department has revised Form 16 by adding various details, including income from house property and remuneration received from other employers, thereby making it more comprehensive to help check … [Read more...] about Income Tax department revises the Form 16 TDS certificate format issued by employers