Why the department did not extend the return filing deadlines further
The department officials says that further extension would affect the collection of revenue.
A New Route of Tax Knowledge
Assessment year 2020-21
The department officials says that further extension would affect the collection of revenue.
As we are aware that, the Income Tax Return filing due date is near and due to the COVID impact the ITR could not be filed in time. Considering the challenges faced in COVID-19, the government has extended the Last …
In this article, we will try to clear all doubts regarding the applicability of the Tax Audit Limit For Partnership Firm AY 2020-21. But before know the applicability of tax audits, everyone should know the Meaning of The Tax Audit. …
Income Tax Filing Due Date Tax Audit– As we are aware that, the last date of the ITR and Tax Audit is near but due to the COVID impact the Audit and ITR could not be completed till the last …
Under the Income Tax Act, Salary, Bonus, Interest, or Remuneration paid to a working partner is an allowable expense, which is subject to certain limits. If it is paid to a non-working partner, the same shall be disallowed. Under this …
CBDT has changed business codes for Income Tax Return from AY 2019-20. Before the filing of the return, we must ensure that the correct business sector along with the correct business code has been selected.
In this article, we will try to clear all doubts regarding the Tax Audit Turnover Limit For AY 2020-21. But before know the applicability of a tax audit, everyone should know the Meaning of The Tax Audit. What is Tax …
As we are aware that, the last date of the ITR and Tax Audit is near but due to the COVID impact the Audit and ITR could not be completed till the last date. Earlier many direct tax professionals and …