RRR number or Token number of TDS return filed not available if TDS return filed on e-filing portal
On successful filing the TDS return an RRR number would be generated on e-filing portal which the tax deductor has ...
Monday, March 10, 2025
Tag: Income tax
When are shares or mutual funds or AIF considered as short term or long term for Income Tax purpose | Period of holding for shares and securities
In this post we shall try to discuss the aspect of period of holding under Income Tax Act to bifurcate ...
Canada, USA and UK listed as notified country under section 89A for taxation of income from retirement benefit account
Section 89A deals with providing relief from taxation on income from retirement benefit account maintained in a notified country wherein, ...
CBDT extends last date for filing of Form No.10AB till 30.09.2022
The application for registration or approval under Section 10(23C), 12A or 80G of the Act in Form No.10AB, for which ...
Income tax department sends message that some high value transaction does not appear in Income Tax return. What to do?
Income Tax Department has identified certain high value information which does not appear to be in line with the Income ...
How to plan, save and reduce capital gain tax from share market before the end of financial year i.e. before 31st March
Thus, this is how losses save you taxes and one should plan his portfolio accordingly and check it 1-2 days ...
Manual filing of application allowed in Form No.3CF for seeking approval under section 35(1 )(ii)/(iia)/(iii) of the Income-tax Act,1961
(i) Applicants seeking approval under section 35(1 )(ii)/(iia)/(iii) of the Act may file the application in Form No.3CF physically during ...
Net Direct Tax collections for the F.Y. 2021-22 at Rs. 13,63,038 crore showing a growth of over 48.4% | More than collection in last many years
The gross collection of Rs. 15,50,364.2 crore includes Corporation Tax (CIT) at Rs. 8,36,838.2 crore and Personal Income Tax (PIT) including Security Transaction ...
Guidelines under clause (10D) section 10 of the Income-tax Act, 1961 for calculating taxability of ULIP investment with illustration [Read circular]
The Finance Act, 2021 amended clause (10D) of section 10 of the Act by inserting fourth to seventh provisos. Fourth ...
Representation for extension of Income Tax audit due date by Member of Parliament to Finance Minister
In the Representation made the following points have been raised: Changes in schema of Tax audit report thrice because of ...
Form No. 56FF announced to claim deduction under section 10A(1B)(b) with retrospective effect from 29.07.2021
16DD. Form of particulars to be furnished along with return of income for claiming deduction under clause (b) of sub-section ...
Income Tax Department conducts search in Maharashtra, Gujarat & Delhi on certain Indian companies & their associate concerns, controlled by a neighbouring country
One of such companies trading in chemicals was found to be routing the claim of purchases through Marshall Island, a ...
Section 194-O not applicable on E-auction and clarification of applicability of TDS provision on government department
it is clarified that the provisions of section 194-O of the Act shall not apply in relation to e-auction activities ...
India and USA agree on a transitional approach on Equalisation Levy 2020 | Equalisation levy at 2% on e-commerce
India and United States have agreed that the same terms that apply under the October 21 Joint Statement shall apply ...
Income Tax Department conducts searches on a leading Gutkha distributor in Gujarat
The search action, so far, has led to the detection of unaccounted income of more than Rs. 100 crore. Out of ...
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GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
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How to pay Membership and COP fees of ICAI for 2020-21 |
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Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
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Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
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SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Statutory Audit of Trade Receivables in Indian Companies [Company law]
- Statutory Compliance Calendar for February 2025 | Income tax, GST and various other laws
- Budget 2025 updates | Income tax and GST updates
- Assessee receiving message for 80GGC donation for AY 2022-23 from Income tax department
- Statutory Audit of Inventories for Indian Companies [Company Law]
- Guidance note 2 issued for Vivad se vishwas Scheme, 2024 [Read circular]
- Due date extended for filing belated, revised return and Vivad se vishwas declaration
- Statutory Audit of Current Investments in Indian Companies [Company Law]
- Recommendations of the 55th Meeting of the GST Council
- Statutory Compliance Calendar for December 2024 | Income tax, GST and various other laws
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