Income Tax

Section 206AB and 206CCA inserted in the Income-tax Act,1961 (effective from 1st July 2021), imposed higher TDS/TCS rate on the “Specified Persons’.To facilitate Tax Deductors and Collectors in identification of Specified Persons as defined in sections 206AB and 206CCA, Income Tax Department has released a new functionality· Compliance Check forRead More →

Category of Taxpayer Due Date for Tax Filing Extended Due Date for Tax Filing Individual / HUF/ AOP/ BOI (books of accounts not required to be audited) 31 July 2021 30 September 2021 Businesses (Requiring Audit) 31 October 2021 30 November 2021 Businesses (Requiring TP Report) 30 November 2021 31Read More →

CBDT issues press release for extension of due dates for filing Income-Tax Returns under the Income-tax Act, 1961 for AY 2020-21 from 31st March 2021 to 31st May 2021 Filing of belated return under sub-section (4) and revised return under sub-section (5) of Section 139 of the Income-tax Act,1961 forRead More →

For Year 2019 – 2020 Return/Compliance Original Due Date New Due Date notified^ Form 24Q4 31-May-2020 31-July-2020 Form 26Q4 31-May-2020 31-July-2020 Form 27Q4 31-May-2020 31-July-2020 Form 27EQ4 31-May-2020 31-July-2020 Form 26QB-Feb2020 30-March-2020 31-July-2020 Form 26QC-Feb2020 30-March-2020 31-July-2020 Form 26QD-Feb2020 30-March-2020 31-July-2020 Form 26QB-Mar2020 30-April-2020 31-July-2020 Form 26QC-Mar2020 30- April -2020Read More →

In view of the constraints due to the COVID-19 pandemic & to further ease compliance’s for taxpayers, the CBDT has extended the due date for filing of Income Tax Returns for FY 2018-19 (AY 2019-20) from 31st July, 2020 to 30th September, 2020, vide Notification dated 29th July, 2020Read More →