Category Tax

Faceless Assessment for Customs Clearance

CBIC Circular

CBIC (Central Board of Indirect Taxes & Customs) has recently reviewed the implementation of Faceless Assessment and discussed the further measures required for expediting the pace of assessment and Customs clearance of imported goods. Accordingly, the Board via “Circular No.14…

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…