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CBDT (Central Board of Direct Taxes) has allowed submission of the forms 15CA & 15CB in manual format to the (AD) authorised dealers till 30th June, 2021. This move comes after the taxpayers had reported difficulties in online form filling…
Today on 13th August 2020, Prime Minister Shri Narendra Modi launched the platform for “Transparent Taxation – Honoring the Honest”. PM Modi said, “The new platform launched has major reforms like Faceless Assessment, Faceless Appeal and Taxpayers Charter. Faceless Assessment…
Ministry of Finance has issued a press release that states that IT Department is working very fast to complete all Faceless e-Assessments by mid-September. The IT Department in October 2019 rolled out the faceless e-assessment scheme that eliminates physical interface…
CBDT has extended the due date for filing of ITR (Income Tax Returns) for FY 2018-19 (AY 2019-20) by 2 months i.e. from 31st July 2020 to 30th September 2020, vide Notification in S.O. 2512 (E) dated 29th July 2020.…
The Income Tax (IT) Department is going to start an e-campaign on voluntary compliance of Income Tax for the convenience of taxpayers from 20th July, 2020, the 11 days campaign ending on 31st July, 2020 focuses on the assessees/taxpayers who…
CBDT recently brought out the new form 26AS for ease of filing of Income Tax Returns (ITRs) by taxpayers. The new form is a faceless hand-holding of taxpayers, to help them with updated financial transactions, so as to facilitate voluntary…