Tag Archives: income tax

From the last year of evaluation, it is mandatory to pre-validate the bank accounts to obtain the electronic service credit (ECS) of your income tax refund in the account. In case you have not yet received the amount of last year’s income tax refund, please check if the bank account …

NEW DELHI: After intense lobbying by public accountants and tax professionals, the government has granted a new extension to those who have not filed their returns, citing Covid-19 as the reason. Most individual taxpayers, who were previously required to file their returns by December 31, have been given another 10 …

New Delhi: In view of the coronavirus pandemic, the Ministry of Finance announced on Wednesday the extension of several tax compliance deadlines. The due date for filing the annual return under the Central Goods and Services Tax Act of 2017 for the 2019-20 financial year has been extended to February …

The Central Board of Direct Taxes (CBDT) has extended the deadline for filing the income tax return (ITR) for fiscal year 2019-20 until December 31, beyond the usual date of July 31, due to the ongoing coronavirus pandemic. According to the rules, people under the age of 60 who earn …

The central government, in response to a request under the Right to Information Act (RTI) of December 24, said that the PM-CARES fund is “owned, controlled and established by the Government of India.” In its reply, the Income Tax (Exemption) Commissioner’s office said that “PM Cares Fund has been registered …

NEW DELHI: The Income tax The IT department conducted a search and on-site survey of “leaders” Assam coal traders and detected alleged unaccounted income of more than Rs 150 crore, the income tax department it said in an official statement Monday. The operations were carried out since December 4 at …

As the 2019-20 fiscal year ended in the middle of the full lockdown on March 31, 2020, several compliance dates were extended, including the due date for filing ITR for AY 2020-21. Each year, the due date for filing the income tax return (ITR) used to be July 31 of …

the coronavirus The pandemic has stopped many things with the national shutdown affecting most businesses and individuals. The dates for filing income tax returns have also been extended to ease the burden on individuals. The usual date to submit the ITR for the 2019-20 fiscal year would have been July …

By: Express Web Desk | New Delhi | Updated: November 8, 2020 4:52:23 pm Prime Minister Narendra Modi. (Source: video screenshot) Prime Minister Narendra Modi said on Sunday that the demonetization measure, when the Rs 1,000 and Rs 500 notes were scrapped in a sudden announcement four years ago, helped …

The income tax department has searched five locations in Chennai and Madurai for a Chennai-based group operating in the IT infrastructure sector and has discovered unaccounted for cash of around ₹Rs 1 billion, according to a press release issued on Saturday. The search conducted on Nov. 6 led to the …