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Income Tax Return filing Date Extended [Read Order]

Taxscan Team

The Central Board of Direct Taxes (CBDT) has extended the due date for filing income tax returns to 31st August 2018 from this July 31st. As the due...

Union Budget 2019 - Budget Scan - Taxscan

Budget 2019: Key Tax Proposals

Can Nuns and Priests to pay Income Tax for Salary from State-funded or Private Institutions? SC to...

ICAI mandates UDIN for all Audit / Assurance / Attest function from Today

Kerala High Court dismisses Income Tax Officers Plea to nullify Misconduct Proceedings [Read...

CBDT issues Norms for Compounding of Offences under Direct Tax Law, 2019 [Read Guidelines]

The Central Board of Direct Taxes ( CBDT ) has issued a detailed guidelines for compounding offences under the direct tax law replacing the old guidelines issued in the year 2014. The guidelines,...

Income Tax Dept to update ITR-5

The income tax department has announced that the ITR-5 for filing this year would be updated soon to compute long term capital gain on the sale of equity shares or unit of equity oriented fund or unit...

Punjab Government extends Last date of Filing Professional Tax Returns to June 30

The Punjab State Government has extended the last date of filing professional returns to June 30th, 2019. The president of Punjab Tax Bar Association, Ashok Juneja reportedly said that “The Punjab...

Professional Tax Returns - Professional Tax - Taxscan

Pay 1st Installment of Advance Tax by 15th June: CBDT

The Central Board of Direct Taxes ( CBDT ) has recently issued an advisory asking the taxpayers to remit the fourth and last installment of advance tax on or before 15th June 2019. Advance tax means...

ITR-7, Return for Companies, enabled in Income Tax Portal

The Income Tax department has enabled the facility to file the income tax returns by companies in Form ITR-7 in e-portal. The department, in a statement has informed that the ITR-6 will be available...

Govt may extend Income Tax Returns Deadline

In the light of recent changes introduced in the Form 16, the Salary TDS Certificate, and Form 24Q (Salary TDS Return), the Government is likely to extend the due date for filing the income tax...

New FM Nirmala Sitharaman to present Budget on July 5

Smt. Nirmala Sitharaman assumed charge as the Union Minister of Finance & Corporate Affairs today is likely to present the budget for the year 2019-20 on July 5. She was greeted at the office in...

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