Tax Connect
madhuvridhi
Tag: income tax
-
Missed filing ITR for FY22-23 (AY 2023-24)?
Missed filing ITR for FY22-23. ITR-U is the Form used for updating your income tax return. The government introduced the concept of updated returns in the Union Budget 2022.
-
Income Tax Notice to NRI
Income Tax department’s advisories put NRIs on notice on high value deals
-
Income Tax: A mismatch between what an employer computes and what an employee claims can drag both under the taxman’s glare.
The Income Tax (I-T) department is using a fine-tooth comb to nab discrepancies in the tax deducted at source, or TDS, by companies and the declarations by its employees in the annual I-T returns.
-
Advance Tax Payment Due Date
Advance Tax Due Date
-
Summary of Tax Payment – Income Tax
A new report related to Tax Payments has been made available under “Reports” section of AIS portal.
-
Assessee company needs to prove investor credentials: Income Tax dept
The income tax department on Friday said that the burden of proof to establish the creditworthiness of an investor is on the company whose returns are being assessed. The statement came after BharatPe co-founder and former MD Ashneer Grover posted a questionnaire sent by the tax department to some startups seeking details. “In the last…
-
New 20% TCS rule from October 1, 2023: Know TCS rates on international trips, forex payments, debit, credit card, education, foreign investments
New 20% TCS rule from October 1, 2023: Know TCS rates on international trips, forex payments, debit, credit card, education, foreign investments
-
Revamped Income Tax website launched
The revamped National website http://incometaxindia.gov.in serves as a comprehensive repository of tax and other related information.
-
Income Tax Covid Reliefs & Relaxations
Announcements of relief measures relating to statutory and regulatory compliance matters across sectors made by Union Finance Minister
-
Assessment Order in name of merged entity was a nullity
After the merger of the assessee company with another company, subsequent assessment order passed in the name of the assessee company was a nullity.