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ITR 6 is now available for AY 2020-21: All you need to know

The Central Board of Direct Taxes (CBDT) has notified the income tax return (ITR) form for the assessment year 2020-21. The new form comprises...

CBDT provides ITR Filing Compliance Check Functionality for Scheduled Commercial Banks

RBI clarifies New criteria for classifying MSME [Read Circular]

ITAT quashes levy of Penalty by AO for not Auditing Books of Accounts/ furnishing Report of Audit of...

IBM India liable to pay interest for delay in filing ITR on incremental income pursuant to APA: ITAT

Income Tax Return 2020: CBDT amends Form 26AS from this year

The Central Board it Direct Taxes ( CBDT ) has amended the Form 26AS from this year onwards. The new Form 26AS is the faceless hand-holding of the taxpayers to e-file their income tax returns quickly...

TDS on Cash Withdrawals: CBDT enables Online Facility to check applicable Rate of TDS

The Income Tax Department has facilitated a new functionality for Banks and Post offices through which they can ascertain the TDS applicability rates on cash withdrawal of above Rs.20 lakh in case of...

RBI directs Banks to initiate necessary Action for Reclassification of MSMEs

The Reserve Bank of India (RBI) has directed the Banks to initiate necessary Action for the Reclassification of MSMEs. The Government had notified on new criteria for classifying the enterprises as...

Chartered Accountant vacancy in EZTax

The EZTax has invited applications from interested Chartered Accountants with a post-experience of 1 to 2 years. The EZTax.in is India's most Friendly Tax Compliance Company offering Online Software,...

CBDT revises Income Tax Return Forms to enable Taxpayers avail benefits of Timeline extension due to COVID-19

The Central Board of Direct Taxes ( CBDT ) has revised Income Tax Return Forms to enable Taxpayers to avail benefits of timeline extension due to COVID-19. In order to enable income taxpayers to...

Secure Your Income Tax E-filing Account from Misuse: CBDT

In an advisory issued to the taxpayers, the Central Board of Direct Taxes (CBDT) has asked to be careful with their income tax e-filing account in order to secure the same from any misuse by any...

CBDT extends Due date for filing Tax Audit Reports & ITRs for J&K and Ladakh [Read Order]

The Central Board of Direct Taxes ( CBDT ) has extended the due date for filing the Tax Audit Reports and Income Tax Returns (ITR) for Jammu & Kashmir till March 31st, 2020. In an Order issued by...

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