On consideration of difficulties reported by taxpayers & other stakeholders in electronic filing of certain Forms under the IT Act,1961, CBDT has further extended the due dates for electronic filing of such Forms. CBDT Circular…
Applicability of section 194C: Section 194C deals with the provisions for tax deduction at source at the time of payment to contractors/sub-contractors. This section says that any person who pays money to the resident contractor…
CBDT Vide Notification No. 95/2021 dated 31.08.2021 has inserted a new Rule, Rule 9D for calculation of taxable interest relating to contribution in a provident fund or recognised provident fund, exceeding specified limit. Important Points…
Due dates for the Income Tax Due dateForm to be filedPeriodBy Whom and When to be filed07.09.2021Challan No. ITNS-281August 2021Payment of TDS/TCS deducted /collected in August 2021.14.09.2021TDS CertificateJuly 2021Due date for issue of TDS Certificate…
CBIC through Press Release and vide Notification No. Notification No. 32/2021 – Central Tax dated 29.08.2021 has extended the time limit for filing of form GSTR-3B and Form GSTR-1 / IFF by the companies using…
CBIC vide Notification No. 41/2021-Customs dated 30.08.2021 has exempted Custom Duty and Health Cess on import of COVID-19 Vaccine and Oxygen related equipment till 30th September 2021. Download the official notification with the following link:…
CBDT through press release dated 29.08.2021, extend the date of payment under the Direct Tax Vivad se Vishwas Act, 2020 (without additional amount) to 30th September, 2021. The last date for payment of the amount…
Central Board of Direct Taxes [CBDT] has extended due dates for electronic filing of certain Forms under the Income Tax Act, 1961. In a statement, the Finance Ministry said that the move comes on the…