Download Result of … Latest news, analysis and expert opinion on tax for businesses, self employed, and personal tax. 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. Tax News. Copyright © e-Eighteen.com Ltd All rights resderved. Latest Updates. 172@29@17@241!~!172@29@0@53!~!|news|business|economy|income-tax-returns-filing-no-further-extension-of-date-beyond-february-15-centre-rejects-demand-6333241.html!~!news|moneycontrol|com!~!|controller|infinite_scroll_article.php!~!is_mobile=false, RBI imposes Rs 2 crore monetary penalty on Deutsche Bank for lack of compliance, Cold Wave: IMD issues cold wave alert for north Indian plains. With the income tax return (ITR) filing season almost over, many new people are more aware of new changes and the right process. income tax news update, income tax rebate for all employees Does a sharp fall in December CPI inflation mean rate cut is imminent? Recently, the Income Tax Department had facilitated a new functionality for Banks and Post offices through which they can ascertain the TDS applicability rates on cash withdrawal of above Rs.20 lakh in case of a non-filer of the income-tax return and that of above Rs. Description. Income Tax Department extends ITR filing deadline for FY 2019-20 to November 30 India TV News Desk | July 04, 2020 12:31 IST Understanding & keeping in … "CBDT passes order u/s 119 of Income-tax Act, 1961 in F No. 31 Dec 2020: Updated Content: Updates on Government Cash Grant (announced in Fortitude Budget) 28 Dec 2020: Updated Content: The MLI changes to … Farmers' Protest News LIVE Updates: All members of SC-appointed panel favour farm laws, how can farmers expect justice from them, says Congress, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation. Indigenous income tax issues. On December 30, 2020, the government announced the extension of the last dates for filing of returns by individuals to January 10, 2021 from December 31, 2020. Clearance certificates. It … GAO Reports That Almost Half a Million Taxpayers Did Not Recieve Full Stimulus Payments - posted June 25, 2020. 9 January 2020 Planned downtime from 11:59pm on Saturday 11 January to 2am on … The IRS has bumped it to $12,400 for singles, up from $12,200 in the prior year. 584 likes. We update the last date as per the IT department's notifications. News; Newsletter. ETtech.com brings latest income tax news, views and updates from all top sources for the Indian Technology industry. As per the provisions of the Act, the due date for filing of the audit report under Section 44AB is one month prior to the due date of filing of income tax return, it said. Act Now! The searches began on Wednesday at Swiggy and Instakart's offices in the southern city of Bengaluru, the sources said. You may be one of them. CBDT passes order u/s 119 of Income-tax Act,1961 in F No. This was in response to the Gujarat High Court order dated January 8, 2021 in the case of The All India Gujarat Federation of Tax Consultants versus Union of India directing the finance ministry to look into the issue of the extension of due dates for filing audit reports under Section 44AB of the Income Tax Act. Wrapping 2020 with a subtle depreciation- What’s on the cards for the Rupee in 2021. In 2013, Income Tax Department issued letters to 12,19,832 non-filers who had done high value transactions. 1 Crore in case of a filer of the income-tax return. 17 Oct 2020, 10:04 AM IST. Solutions for doubts & queries also available. It was for the third time the tax department extended the dates. Log on to e-filing portal at https://incometaxindiaefiling.gov.in. 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Income Tax ITR Filing: The Income Tax Department has confirmed that over 4.84 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till December 31, 2020. U.S. Master Tax Guide® (2021) California Taxes, Guidebook to (2021) U.S. Master Depreciation Guide (2021) State Tax Handbook (2021) Internal Revenue Code: Income, Estate, Gift, Employment & Excise Taxes (Winter 2021) Additional Resources . Newsletter anmelden; Newsletter abmelden; Spezialberatung; taxnews; Aktuell: Startseite. This video is unavailable. To claim this tax exemption, an employee is normally required to … Farmers' protest | Farmer leaders refuse to join SC-appointed panel, will hold tractor parade on Rep... Supreme Court stays implementation of 3 farm laws till further orders, SpiceJet transports 4 million doses of COVID-19 vaccine on first day, Webinar Presented by Knowlarity & Freshworks, This is how COVID-19 vaccines will travel from Pune, to across India, What Aam Aadmi Wants From Budget 2021? In case of return for tax audit cases, the date was extended to February 15 from the earlier January 31. Guidance on the application of the Indian Act Exemption for Employment Income Guidelines Get Latest news on Tax at NDTV Profit. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Get a comprehensive coverage of income tax-related news and regular updates on income tax circulars. IR-2020-09, January 14, 2020 — The Internal Revenue Service has launched a new and improved Tax Withholding Estimator, designed to help workers target the refund they want by having the right amount of federal income tax taken out of their pay. The search at the office of Instakart, e-commerce … The creation of this new notice was originally delayed due to the urgent COVID-19 changes as well as other important fixes that took priority. or medium without express writtern permission of moneycontrol.com is prohibited. 370153/39/2020-TPL dt 11th January, 2021, disposing off the representations for extension of due date for filing of Audit Report u/s 44AB, in compliance with the order of hon''ble Gujarat High Court dt 8th January, 2021," the income tax department said in a tweet. Watch Queue Queue ©TV18 Broadcast Limited. We keep updating all the circulars as and when issued by the income tax department. E-Calendar 2021 1 January 2021...read more. The due date for filing income tax returns for 2020­-21 was extended vide the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 to 30 th November 2020 … Pay attention to your standard deduction for the 2020 tax year. Search Departmental News. Copyright © e-Eighteen.com Ltd. All rights reserved. Four gadgets you should invest in for good health. Introduce of Income Tax. Changes to procedures for submitting a request. Backlash against WhatsApp's new policy: What experts say, Closing Bell: Sensex, Nifty end at record close for third session; PSU Banks, auto stocks lead, Asian shares mostly higher on optimism despite pandemic, Oil prices fall on renewed coronavirus concerns as China cases mount. The finance ministry has rejected the demand for further extension of the last date for income tax return (ITR) filing beyond February 15 for the ones where audit is required. News Updates Failure Of Assessing Officer To Comply With Section 144C Of Income Tax Act Invalidates Assessment Order : Delhi High Court U.S. IRS Federal Income Tax News. Click and know the answers to the frequently asked questions and better understand the change in the regulation. Tax News headlines from India and around the World. Find all news including political news, current affairs and news headlines online on Income Tax Return today. The 'Use software to send Income Tax updates' service is currently unavailable. TAX Updates. At Taxguru, we give a cohesive understanding off all income tax related circulars. Watch Queue Queue. The … The due dates for payment of self assessment tax for taxpayers whose amount due does not exceed Rs 1 lakh also coincide with the due dates for filing of ITR, it said. 225 Record(s) | Page [1 of 23] Last Updated : 1 January 2021. The provisions of the UTL 2019 shall be effective from 1st October 2019 for the financial year starting from 1st October 2019 to 30th September 2020. Get latest news & headlines on income tax. Read latest news and live updates on Income-tax including breaking news on Income-tax,Income-tax photos,Income-tax videos and many more at cnbctv18.com. "CBDT passes order u/s 119 of Income-tax Act, 1961 in F No. Some salaried individuals reported that their tax deducted at source (TDS) for April-June and July to December quarters for FY 2020-21 (FY21) has not been updated by their employers in Form 26AS. All rights reserved. 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.. In December 2020, the government extended the ITR filing deadline for individuals till January 10 and till February 15 for companies. We will offer you all the insight and details about all the updates and trending news on income tax. Get more Income Tax News and Business News on Zee Business. Year. All updates related to Income Tax, Service Tax, VAT, TDS, GST, ROC(MCA) etc. In 2014, Income Tax Department has identified additional 22,09,464 non-filers who have done high value transactions. Tax Newsletter | Issue 23 : Update on Union Taxation Law 2019 The 2019 Union Taxation Law (“UTL 2019”) has been enacted on 24th September 2019. International income tax issues. Coronavirus Essential | First batches of Covishield shots distributed across India; Serum Institute to sell vaccines at Rs 1,000 per dose in private markets. Last date as per the it department 's notifications is currently unavailable log on e-filing... The COVID-19 pandemic and how to obtain international waivers and certificates of compliance [ 1 of 23 ] Updated... Wrapping 2020 with a subtle depreciation- What ’ s on the income earned by an individual in any previous! Click and know the answers to the frequently asked questions and better understand the change in the.. To February 15 from the earlier January 31 tax circulars s ) | Page [ 1 23! As well as other important fixes That took priority as and when issued by the COVID-19 pandemic how. 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