Tag: CBDT

IT Exemption Allowed on Conveyance Allowance Under New Tax Regime: CBDT
Taxation, Finance

IT Exemption Allowed on Conveyance Allowance Under New Tax Regime: CBDT

SMEStreet Desk- June 29, 2020

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
Taxation, Banking & Finance

Income Tax Returns Deadline & Linking of Aadhaar With PAN Card is also Further Extended

SMEStreet Desk- June 25, 2020

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
Taxation, Banking & Finance

CBDT Notified Amended ITR Forms For FY 2019-20 & 2020-21

SMEStreet Desk- June 1, 2020

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
Taxation, InFocus

CBDT says For Faster Refund Process Our Emails Can Not be Considered as Harassment

SMEStreet Desk- April 21, 2020

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
LimeLight

CBDT Revising Return Forms to Ensure Taxpayers Benefits Amid Covid-19 Reaches Them

SMEStreet Desk- April 19, 2020

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
Banking & Finance, Finance

CBDT Clarifies on Certificates for Collection of TDS, TCS

SME STREET- April 10, 2020

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
Taxation, InFocus

CBDT Extends Validity Of Lower Withholding Tax Orders Till June 30

SMEStreet Desk- April 2, 2020

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