Tax Audit Extension Date For FY 2019-20 under Income Tax

24.10.2020: Due to Covid Situation in the country, CBDT further extends the due dates for various compliance of FY 2019-2020. It includes Tax Audit Extension Date till 31st January 2021. The due date for filing income tax returns for taxpayers who need an accounts audit is 31 January 2021. Due date for filing ITRs for […]

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Government Clarifies Tax collection at Source by Tea Board of India

This has reference to the circular no. 74/48/2018-GST dt.05.11.2018, issued by Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, GST Policy Wing to clarify TCS collection by tea board of India. About Tea board of India under GST Law The Tea Board of India being the operator of the electronic […]

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Government notifies to exempt TDS deductions from PSU to PSU

TDS Deduction Applicability TDS And TCS Extension is over.  No more extension to TDS and TCS deductors.    This is going to applicable from 01st October 2018.  The government has issued notifications in this regard vide Notification no. 50/2018-Central Tax,dt. 13-09-2018. All rules and regulations will be applicable to TDS deductors as per Section – […]

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