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EDITORIAL TEAM

New TDS & TCS Deductions from 1st July

New TDS & TCS Deductions from 1st July

The CBDT (Central Board of Direct Taxes), via finance Act, 2021, has introduced new sections under the Income-tax Act, which contains provisions related to the TDS & TCS for non-filers of the income-tax returns and TDS on payment of a…

CBDT Extends Many compliance Dates

CBDT Extends timelines

To ease compliances to be made by taxpayers during the Covid-19 pandemic, CBDT has extended the date of meeting certain tax compliances. Relief has also been given in filing the response to various notices. During the pandemic period, the government…

How to Download Form 26AS under the New Income Tax e-Filing portal?

Compliance Check

The Income-tax department has come up with a new e-Filing portal (ITR e-filing 2.0) which is effective from 7th Jun, 2021. Under the new Income tax portal, downloading Form 26AS has also been simplified. The New Income-tax e-Filing portal will be taxpayer-friendly integrated with immediate processing of Income Tax Returns (ITRs) so…

Section 206AB & section 206CCA Explained

Section 206AB & section 206CCA Explained

Section 206AB & section 206CCA inserted in the Income-tax Act, 1961 via Finance bill, 2021 will be effective from the 1st day of July, 2021. Section 206AB & section 206CCA of the Income-tax Act, 1961 imposes a higher rate of…

KIMS Hospitals IPO

KIMS Hospitals IPO

KIMS Hospitals will open its initial public offering (IPO) on June 16 which will close on June 18. The public issue comprises a fresh issue of up to Rs 200 crore and an offer for sale of up to Rs…

Dodla Dairy Limited IPO

Dodla Dairy Limited IPO

Dodla Dairy Limited is launching an IPO on June 16, 2021 which will close on June 18, 2021. The IPO size is Rs 520.18 Crore. Dodla Dairy Limited was incorporated in the year 1995 and it started production in 1997, the…