Read all Latest Updates on and about FY 2019-20

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FY 2019-20

Last Date to file ITR - ITR - Income Tax Website - Income Tax - Taxscan

Amid Last Date to file ITR, Income Tax Website is not working

Taxscan Team

Today is 31st March i.e. the last date for filing Income Tax Return (ITR) and Income Tax Website not working. “#IncomeTax Site crashed, Payment of...

CBIC clarifies GST Audit Applicable for FY 2019-20

GST: Delhi govt. extends GSTR-4 due date to 31st August 2020 for FY 2019-20 [Read Notification]

CBDT extends due date of furnishing of Income Tax Returns and Audit Reports

MCA extends last date of filing Cost Audit Report [Read Notification]

COVID 19 - Tax Losses – Back for a Better Future

Tax Losses Carryback (‘TLCB’) is a system that allows taxpayers to set-off losses of the current year against the profits of past years. Globally, at least 20 countries have some form of TLCB system...

COVID-19: RBI revises Guidelines for Statutory Branch Audit of Public Sector Banks for FY 2019-20 [Read Circular]

The Reserve Bank of India ( RBI ) has revised the guidelines for the Statutory Branch Audit of Public Sector Banks for FY 2019-20 on account of COVID-19. The Norms on eligibility, empanelment, and...

CBDT Clarifies Issues on TDS/ TCS [Read Circular]

The Central Board of Direct Taxes (CBDT) issued clarification on issuance for lower rate or nil deduction or collection of Tax Deduction at Source (TDS) or Tax Collected at Source (TCS). The board...

TDS Applications to be disposed via E-Mail: CBDT [Read Circular]

In order to curb the difficulties caused to the coronavirus pandemic, the Central Board of Direct Taxes (CBDT) has directed all the TDS assessing officers to dispose of the applications through...