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Tag Income tax

CBDT Extends Many compliance Dates

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?

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 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…