Central Board of Direct Taxes in exercise of powers conferred under section 138(1)(a) of Income Tax Act, 1961, has issued Order in F.No. 225/136/2020/ITA.II dated 31.08.2020, for
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This refers to Notification No. S.O. 2119(E) dated 26.06.2020 issued by Ministry of Micro, Small & Medium Enterprises(MSME) regarding criteria for the classification of enterprises
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A formal Memorandum of Understanding (MOU) was signed today between the Central Board of Direct Taxes (CBDT) and the Ministry of Micro, Small and Medium Enterprises,
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The Income Tax Department is all set to start an e-campaign on the voluntary compliance of Income Tax for the convenience of taxpayers from Monday, the 20th of July, 2020. The 11 days
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The earlier Form 26AS used to give information regarding Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) relating to a PAN besides certain additional information
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The Income Tax Department has facilitated a new functionality for Banks and Post offices through which they can ascertain the TDS applicability rates on cash withdrawal
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Securities and Exchange Board of India (SEBI) signed a Memorandum of Understanding (MoU) with the Central Board of Direct Taxes (CBDT), Government of India, today, for data
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In exercise of the powers conferred by sub-section (1) read with sub-section (9) of section 7 and sub-section (2) read with sub-section (3) of section 8, of the Micro, Small and Medium Enterprises
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There are reports in a certain section of media that the growth of direct taxes collection for the FY 2019-20 has fallen drastically and buoyancy of the direct tax collection … Read more
Finance Minister Smt. Nirmala Sitharaman officially launched the facility of instant Permanent Account Number (PAN) allotment using Aadhaar based e-KYC on May 28, 2020. Through this facility, PAN will be … Read more