CBDT to start e-campaign on Voluntary Compliance of Income Tax for FY 2018-19 from 20th July, 2020 - PIB
CBDT provides Utility to ascertain TDS Applicability Rates on Cash Withdrawals of above Rs.20 lakh in case of a non-filer of the income-tax return and that of above Rs. 1 Crore in case of a filer of the ITR
Income-Tax (16th Amendment) Rules, 2020 - Change in TDS Return Form 26Q & Form 27Q - Gazette Notification No. 43/2020
Exercising Option for deduction of TDS under Old or New Rates of Income Tax for the financial year 2020-21: MoRTH Circular dated 15.05.2020
Calling of option for new personal taxation regime of reduced tax rates with no exemptions or deductions or setoff of loss etc. in case of individuals & HUFs as provided u/s 115 BAC of the IT Act, 1961 (applicable w.e.f. AY 2021-22)
Tax Deduction at Source (TDS) guidelines on payments made to BSNL VRS 2019 Optees - TDS on ex-gratia, Leave Encashment, Form 16, Tax Exemption etc.
Corrigendum to Circular No. 4/2020 - Income Tax Deduction from Salaries during the Financial Year 2019-2020 under Section 192 of the Income-Tax Act, 1961
The Ministry of Finance recently notified Form 26QD for TDS Return and Form 16D for TDS Certificate under section 194M and 194N of the Income Tax Act.
In Budget 2019, Finance Minister announced some changes in income tax rules and some of them came into force from September 1. The new income tax rules relate to TDS or tax deducted at source applicability on payment to contractors,…
From September 1 this year, the government introduced a new set of income tax rules that included higher TDS or tax deducted on source on life insurance in specific cases. Other changes included TDS on cash withdrawals exceeding ₹1 crore in…
Income tax related changes announced in the Budget usually come into effect from April 1. However, since the full Budget for FY 2019-20 was presented in July this year after the general elections, there are certain tax changes that will…
Procedure for online filing eTDS/TCS statement through e-filing portal or submission at TIN Facilitation Centres - CBDT Notification