Section 206AB and 206CCA inserted in the Income-tax Act,1961 (effective from 1st July 2021), imposed a higher TDSITCS rate on the “Specified Persons’ defined as
Sections Maximum Amount Deductible 80C LIC, PPF, Tuition Fee etc. Allowed to Individuals or HUF 80C allows deduction for investment made in PPF, EPF, LIC
NOTIFICATION New Delhi, the 1st June, 2021 No. 17/2021 – Central Tax G.S.R. 361(E).—In exercise of the powers conferred by the second proviso to sub-section
TDS Rates Applicable for the Financial year 2021-22(Assessment Year 2022-23) are applicable from 01.04.2021 Section Nature of Payment Limit for TDS Deduction TDS Rates Applicable
WHAT IS PRIVATE LIMITED COMPANY Private Limited Company is the easiest and a very popular norm of Business start-up in India. It can be registered
Particulars Previous Due Dates Extended Due Dates Statement of Financial Transactions 31st May 2021 30th June 2021 Statement of Reportable Account 31st May 2021 30th
CBDT has decided to desist Excel version & Java version of ITR utilities from Financial Year 2020-21 (AY 2021-22) and now released JSON Utility for ITR1
The government has extended the dates of various compliances by Taxpayers under GST, through Central Tax Notification Nos. 10/2021, 11/2021, 12/20211, 13/2021, 14/2021, all dated
Introduction The concept of TDS was introduced with an aim to collect tax from the very source of income. As per this concept, a person
In view of Notification No. 14/2021 dt. 01.05.2021, the timeline for filing the ‘Application for Revocation of Cancellation’ has been extended for those applicants, for
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