![Double TDS Collection on Non-Filers of Income Tax Return: CBDT enables new functionality for Compliance Check [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/06/Double-TDS-Collection-Income-Tax-Return-CBDT-Taxscan.jpg "Double TDS Collection on Non-Filers of Income Tax Return: CBDT enables new functionality for Compliance Check [Read Circular]")
Double TDS Collection on Non-Filers of Income Tax Return: CBDT enables new functionality for Compliance Check [Read Circular]
The Central Board of Direct Taxes ( CBDT ) issued the Circular regarding the use of functionality under Section 206AB and 206CCA of the Income Tax...
Interest leviable on Default in Payment of Advance Tax installment on Returned Income, not on Assessed Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the interest payable under Section 234C is applicable on default in payment of advance tax installment on returned income, and not on...
![Interest leviable on Default in Payment of Advance Tax installment on Returned Income, not on Assessed Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Section-234C-Interest-leviable-advance-tax-installment-returned-income-assessed-income-ITAT-Taxscan.jpg "Interest leviable on Default in Payment of Advance Tax installment on Returned Income, not on Assessed Income: ITAT [Read Order]")
TDS applicable on all Services purchased on account of Innovative Ideas to minimize Cost of Housing: AAR [Read Order]
The Karnataka Authority of Advance Ruling (AAR) ruled that the TDS is applicable on all services purchased on account of innovative ideas to minimize the cost of housing. The applicant, Udupi...
![TDS applicable on all Services purchased on account of Innovative Ideas to minimize Cost of Housing: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/TDS-innovative-ideas-cost-of-housing-AAR-Taxscan.jpg "TDS applicable on all Services purchased on account of Innovative Ideas to minimize Cost of Housing: AAR [Read Order]")
Finance Act 2021: Double TDS Collection on Non-Filers of Income Tax Return to be effective from July 1
The Finance Act, 2021 notified the new Section 206CCA of the Income Tax Act relating to specified provisions for the collection of tax deduction at source ( TDS ) on non-filers of Income Tax Return,...
Addition for Unexplained Money can’t be made for mere disclosure of Receipt in two different Accounts: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the addition for unexplained money can not be made for mere disclosure of the receipt in two different accounts. The Assessee,...
![Addition for Unexplained Money can’t be made for mere disclosure of Receipt in two different Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Unexplained-Money-ITAT-Taxscan.jpg "Addition for Unexplained Money can’t be made for mere disclosure of Receipt in two different Accounts: ITAT [Read Order]")