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Egg Seller in Madhya Pradesh Receives Rs. 6 Crore GST Notice for Bogus Delhi Company

Kavi Priya

A poor egg seller from Madhya Pradesh has received a shocking GST notice demanding Rs. 6 crore in taxes for a business he says he knows nothing...

These 6 New Income Tax Rules effective from October: Know All Details Here

Not Linked PAN-Aadhar Yet? You may incur Higher TDS/TCS u/s 206AA and 206CC of Income Tax Act due to...

Income Tax Portal: Higher TDS/TCS on Non-Linked Pan-Aadhar to be Verified by Collectors/Deductors at...

Tax Dept to scrutinize Mismatch in Income Tax and Service Tax Returns

Breaking: CBDT extends due date for linking Aadhaar-PAN till 30th Sep; Mandatory to Quote Aadhaar Number while Filing the Return of Income [Read Notification]

The Central Board of Direct Taxes ( CBDT ) has extended the due date for linking Aadhaar number with PAN till 30th September 2019. The CBDT also clarified that, also with effect from 1st April, it is...

Late Filers can still submit their Income Tax Returns till 31st March with a Late Fee of Rs. 10,000: CBDT

The Central Board of Direct Taxes ( CBDT ) has informed that the taxpayers who could not file their income tax returns for A.Y. 2018-19, can still file the same, but with a late fee of Rupees Ten...

Income Tax Refund to be automatically credited to Bank A/c linked with PAN

The income tax refund process will be issued through online only from March 2019. The amount will be credited to the bank account linked with the Permanent Account Number (PAN). Further, the...

Income Tax Returns, PAN, Foreign Assets Details mandatory for Lok Sabha Election Candidates [Read Notification]

The Government, in order to bring more accountability and transparency in the election process and to make easy verification of the candidates details, mandated that the candidates of election shall...

Father’s Name not Mandatory in PAN: Govt amends Rules [Read Notification]

The Central Board of Direct Taxes (CBDT) has amended the Rule 114 of the Income-tax Rules, 1962 (I.T.Rules) inter alia provides for the manner in which an application for allotment of a permanent...

Govt. extends due date of Linking Aadhaar with PAN till 31st March, 2019 [Read Order]

The Central Board of Direct Taxes ( CBDT ) has extended the due date of Linking Aadhaar with PAN till 31st March 2019. Under the provisions of recently introduced Section 139AA of the Income Tax Act,...

RBI mandates Aadhaar for KYC Verification [Read Circular]

The Reserve Bank of India, on Friday amended its ‘know your customer’ (KYC) guidelines wherein it made aadhaar mandatory to conduct customer due diligence by banks and finance companies. The RBI has...