All posts tagged "CBDT"
-
ITR
Your Income Tax Queries: NRIs do not need to quote Aadhaar in ITR or link PAN with Aadhaar
The CBDT vide notification 37/2017, has exempted non-residents from quoting Aadhaar in PAN applications and Income Tax Returns. Accordingly, if you’re a...
-
2.3KITRHuge Corona relief for taxpayers! Income Tax Department extends TDS, TCS certificate submission deadline to 30th June 2020
In a bid to provide relief to the earning individual who had no tax liability but facing TDS deduction by banks and...
-
1.4KMUST KNOWCorona Lockdown: Will TDS be charged on FD/RD interest if you fail to submit Form 15G/15H?
Interest income on fixed deposit (FD), recurring deposit (RD) etc are taxable in the hands of investors and an investor gets the...
-
11.5KITRTDS Calculation on Salary: CBDT issues clarification on circular issued in January 2020
Is your employer wrongly deducting tax deducted at source (TDS)? Here’s the latest CBDT circular on the way TDS should be calculated....
-
FINANCE
TDS on salary, perquisites 2020: How benefits you enjoy will be taxed – Check calculation
Employers responsible for paying any income chargeable under the head ‘Salaries’ are required to deduct income tax on the estimated income of...
-
ITR
New Income Tax notification: Link PAN with Aadhaar even after March 31, but there’s a catch!
People failing to link their PAN with Aadhaar for Income Tax benefits will be able to so even after March 31. But...
-
FINANCE
Income Tax Return filing last date extended for these taxpayers!
The Finance Bill 2020 has extended the due date for filing of return by companies and persons who are required to get...
-
2.5KFINANCEEvery big transaction you make, taxman will be watching you
The income tax department will track more high-value transactions of individuals to ensure that these get reflected in their income tax returns,...
-
FINANCE
Budget 2020: Not all can switch back to old system once moved to new tax regime
Individual income taxpayers will be free to choose between the old tax return filing structure and the newly introduced structure with lower...
-
MUST KNOW
Not sharing PAN/Aadhaar? Employees can lose over 20% of income in AY 2020-21!
Employees may end up paying a lot in tax if they don’t furnish PAN or Aadhaar before the employer (who is responsible...
