Apr 14, 2020 · New Delhi: Central Board of Direct Taxes has issued a clarification regarding TDS, TCS deduction and tax regime choice.In the clarification issued, finance ministry stated that an employer will have to deduct TDS for FY2020- 21, from an employee's salary on the basis of the new lower tax regime if the employee has opted for it and has informed the employer of the same.
Challan No./ITNS 281:- Payment of TDS/TCS by Company or Non Company. Challan No./ITNS 282:- Payment of Securities transaction tax, Estate duty, Wealth-tax, Gift-tax, Interest-tax, Expenditure/other CBDT Income Tax Notifications (2020) | CA Club Notification 11/2020 dt. 13 Feb. 2020: CBDT notifies the Income tax (5th Amendment), Rules, 2020, to insert new IT Rule 114AAA on ‘Manner of making permanent account number inoperative’. For downloading various Circulars/ Instructions/ Notifications/ Orders issued by CBDT in different years, please refer the following links: 1. All Act - Income Tax Department The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.. The Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts. tds on new tax regime: For TDS from salary, you will have ...
Press Release - Income Tax Department
CBDT launches one-time facility for compounding of income ... Sep 11, 2019 · CBDT launches one-time facility for compounding of income tax offences A one-time facility to apply for compounding of income tax offences has been launched and taxpayers can avail this opportunity by December 31, a latest CBDT directive said.
CBDT Income Tax Circulars (2018) | CA Club
CBDT issues Circular No.8/2020 dt 13th April,2020 clarifying the issue regarding short The Income Tax Department is governed by the Central Board for Direct Taxes ( CBDT) and is part of the Department of Revenue under the Ministry of Finance. 20 Mar 2020 The federation has also requested the Central Board of Direct Taxes (CBDT) chairman to lock-down tax offices across the country at least till CBDT vide Circular No. C1/2020 dated 13.04.2020 has clarified that an employee, having income other than business income can intimate their employer to Only five documents can be opened in tabs. If you continue, tabs opened first shall be closed. Do you want to continue? Don't show this message again. 9 Jan 2020 CBDT grants relaxation in eligibility conditions for filing of Income-tax Return Form-1 (Sahaj) and Form-4 (Sugam) for Assessment Year 2020- The Central Board of Direct Taxes (CBDT) on Friday clarified that an employee making a donation to the PM-CARES fund through the employer can claim income 8 Jan 2020 Recently, the Central Board of Direct Taxes (CBDT) has notified1 two Income Tax Return (ITR) Forms.
The CBDT is a department of the Central Government of India which is responsible for looking after all tax related matters.
Mar 23, 2020 · Mumbai Income Tax chief writes to CBDT head to extend the date of limitation Considering that Mumbai contributes towards 32 per cent of tax mop up, the Principal Chief Commissioner has also requested to extend the same for Direct Tax dispute resolution or Vivad se Vishwas (VsV) scheme and cases under the Black Money Act. CBDT cuts per day cash limit for payments - Check details ... Feb 03, 2020 · The Central Board of Direct Taxes (CBDT) has amended the Income-tax Rules, 1962, to reduce the cash payment limit for payments made to a person in a day. List of Income Tax ranks in India - Wikipedia List of Income Tax ranks in India Jump to navigation Jump to search. The following are ranks in the Ministry of Finance, Income Tax Department and IRS (Income Tax) Officers Ranks of Income Tax Officers. Gazetted officers Principal Chief Commissioner of Income Tax/ CBDT Chairman/ Member CBDT/ DG Central Economic Intelligence Bureau: Setback for Chartered Accountants, Only Merchant Bankers ... May 26, 2018 · The Central Board of Direct Taxes (CBDT) has today notified the Income Tax (6th Amendment Rules) wherein it is provided that only Merchant Bankers are entitled to do Valuation of Unquoted Shares and the Chartered Accountants are no more eligible to do so.
INCOME-TAX (SECOND AMENDMENT) ACT, 1981 - CIRCULAR NO. 345, DATED 28-6 … CBDT Circular-Deduction of Tax TDS on Salaries during FY ... Jan 16, 2020 · CBDT Circular – TDS on Salaries during FY 2019-20.
e-Filing Home Page, Income Tax Department, Government of India The Income-Tax Department NEVER asks for your PIN , passwords or similar access information for credit cards, banks or other financial accounts through e-mail. The Income-Tax Department appeals to taxpayers NOT to click on hyperlinks contained in such phishing mails, NOT to respond, and NOT to share information relating to their credit card e-Payment for TIN Challan No./ITNS 280:- Payment of Advance tax, Self-Assessment tax, Tax on Regular Assessment, Surtax, Tax on Distributed Profits of Domestic Company and Tax on Distributed income to unit holders. Challan No./ITNS 281:- Payment of TDS/TCS by Company or Non Company. Challan No./ITNS 282:- Payment of Securities transaction tax, Estate duty, Wealth-tax, Gift-tax, Interest-tax, Expenditure/other CBDT Income Tax Notifications (2020) | CA Club Notification 11/2020 dt. 13 Feb. 2020: CBDT notifies the Income tax (5th Amendment), Rules, 2020, to insert new IT Rule 114AAA on ‘Manner of making permanent account number inoperative’. For downloading various Circulars/ Instructions/ Notifications/ Orders issued by CBDT in different years, please refer the following links: 1. All Act - Income Tax Department The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail..
Appeals and petitions in disciplinary cases of Gazetted and non-Gazetted employees of the Income Tax Department addressed to the CBDT … Tax Deducted at Source: CBDT's latest clarification ... Apr 10, 2020 · To mitigate the hardships of taxpayers, the Central Board of Direct Taxes (CBDT) on April 9, 2020 provided clarification on orders under Section 119 of the Income-Tax Act, 1961, relating to the Income Tax: CBDT issues important circular clarifying TDS ... Apr 14, 2020 · In a major development, CBDT has issued a circular clarifying the process of exercising of option by a taxpayer with regard to deduction of tax at source (TDS). Income Tax dept through its official Twitter handle said, “CBDT issues Circular C1 of 2020 dated 13.04.2020 clarifying the process of exercising of option by a taxpayer […] Income Tax: CBDT issues important circular clarifying TDS ...
May 26, 2018 · The Central Board of Direct Taxes (CBDT) has today notified the Income Tax (6th Amendment Rules) wherein it is provided that only Merchant Bankers are entitled to do Valuation of Unquoted Shares and the Chartered Accountants are no more eligible to do so. Presently, the fair market value of the unlisted equity share is CBDT: Defaulters must settle dues within 15 days of ... Mar 27, 2020 · Defaulters must settle dues within 15 days of agreeing on amount under VSVS: CBDT The Vivaad Se Vishwas scheme is a no interest - no penalty window that was supposed to end on March 31 but has since been extended in light of lockdowns and disruptions due to the Covid-19 outbreak. CBDT Circular on Salary TDS for FY 2019-20 ... - Income Tax Jan 16, 2020 · Income Tax Deptt./ CBDT has issued Circular No. 4/2020 dt. 16 Jan. 2020 containing instructions on the provisions/ TDS rates applicable in respect of salary payment u/s 192 during the Financial Year 2019-20 (Assessment Year 2020-21), including explanations on many other related issues/ provisions under the Income Tax Act/ Rules. CBDT Income Tax Circulars (2018) | CA Club Dec 31, 2018 · List of Income Tax Circulars (2018) issued by CBDT for making amendments in provisions of Income Tax Act/ Rules, along with pdf copy download link.