Ministry of FinanceCBDT grants further relaxation in electronic filing of Income Tax Forms 15CA/15CB 05 JULY 202 As per the Income-tax Act, 1961, there is a requirement to
If interest on a home loan is claimed under Section 24(b) of the Internal Revenue Code for the fiscal year2020-21, the lender’s (bank’s) PAN is required. PAN of
Public Consultation on the proposal for amendment of Rules for Profit attribution to Permanent Establishment F.No.500/33/2017-FTD.I Government of India Ministry of Finance Department of Revenue Central Board of
HIGHLIGHTS OF BUDGET 2019 Tax 1. Within 2 years, Tax assessment will be done electronically 2. IT returns processing in just 24 hours 3. Minimum 14% revenue of
Budget 2019 : Income Tax exemption limit raised to Rs. 5 lakh Finance Minister Piyush goyal has proposed that individuals with income upto Rs 5 lakh will not
TDS deduction under section 194A of the Income-tax Act, 1961 in case of Senior Citizens F. No. Pr. DGIT(S)/CPC(TDS)/Notification/2018-19 Government of India Ministry of Finance Central Board of
Pension of ex-Govt employees to be net of Income Tax No BPS/ SG/pension/I.Tax/018/1 Dated: 23.11.2018 To The Arun jaitley ji Honorable Cabinet Minister for Finance Government of India
CBDT releases Direct Tax Statistics Constant growth in direct tax-GDP ratio over last three years Growth of more than 80% in the number of returns filed in the
Ministry of Finance Extension of date for filing of Income Tax Returns and Audit Reports from 30th September, 2018 to 15th October, 2018 24 SEP 2018 The due
Ministry of Finance Extension of date for filing of Income Tax Returns for taxpayers in Kerala In view of the disruption caused due to severe floods in Kerala,
Income Tax Relaxation on NPS Maturity Value LOK SABHA UNSTARRED QUESTION No. 3975 TO BE ANSWERED ON FRIDAY, THE 10TH AUGUST, 2018 SHRI KONAKALLA NARAYANA RAO: (a) whether
RATES OF INCOME-TAX AS PER FINANCE ACT, 2017: As per the Finance Act, 2017, income-tax is required to be deducted under Section 192 of the Act from income
Calculation of Income tax an Employee Below 60 Age A.Y.2018-19 ANNEXURE-I SOME ILLUSTRATIONS Example 1 For Assessment Year 2018-19 (A) Calculation of Income tax in the case of
