Tag: CBDT
IT Exemption Allowed on Conveyance Allowance Under New Tax Regime: CBDT
The Central Board of Direct Taxes (CBDT) has now amended Income Tax rules to prescribe certain exemptions which can be availed by the employees. Read More
Income Tax Returns Deadline & Linking of Aadhaar With PAN Card is also Further Extended
The Central Board of Direct Taxes (CBDT) through a notification also extended the time limit by a month till July 31, 2020, for making various ... Read More
CBDT Notified Amended ITR Forms For FY 2019-20 & 2020-21
In a notification, the Finance Ministry said it issued ITR-1 (Sahaj), ITR-2, ITR-3, ITR-4 (Sugam), ITR-5, ITR-6, ITR-7 and ITR-V forms, as per the rule ... Read More
CBDT says For Faster Refund Process Our Emails Can Not be Considered as Harassment
The CBDT said that its email seeking clarification from all those who are entitled to get tax refund but also have outstanding tax to pay ... Read More
CBDT Revising Return Forms to Ensure Taxpayers Benefits Amid Covid-19 Reaches Them
CBDT said that in order to facilitate taxpayer to avail full benefits with various timeline extension up to 30th June 2020 granted by the government, it ... Read More
CBDT Clarifies on Certificates for Collection of TDS, TCS
With regard to the issue of the validity period of lower/nil deduction/collection certificates of Financial Year 2019-20, CBDT stated, "For the purpose of Para 2 ... Read More
CBDT Extends Validity Of Lower Withholding Tax Orders Till June 30
CBDT said that assessees holding legitimate authentications for FY20 would get the advantage of expansion, which in any case would terminate on March 31. This ... Read More