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Officials from the Finance Ministry, Government of India, have lined up a meeting with Tech giant Infosys on 22nd June, 2021. The agenda of the meeting will be to discuss and resolve the issues faced by the user of the…
For making the e-Filing portal, user-friendly, The Income Tax department has come up with a new e-Filing portal (ITR e-filing 2.0) which will be effective from 7thJun, 2021. The new web address of the e-Filing portal will be The Income Tax India e-Filing portal is…
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…
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…
ITR Filing: ITR 1& ITR 4 Forms for AY 2020-21 has been released. ITR Filing for AY 2020-21: The CBDT (Central Board of Direct Taxes) had recently notified the Income Tax Return (ITR) Form 1 to 7 for the assessment…
The Income Tax Department has amended the TDS rules 1962, making it more detailed and mandatory on the deductors side to state the reason for Non-deduction or less deduction of Income tax. In the budget 2019-20, the Central government had…