New Income Tax Time limits and Exemption of Amount received February 28, 2023 admin General, Primary Comments Off on New Income Tax Time limits and Exemption of Amount received Tax Exemptions: Tax Exemption has been provided to the Taxpayers for amounts received during FY 2019-20 and subsequently, from Employer […] Read more
194P and Circular by IT Department on 206AB and 206CCA February 28, 2023 admin General, Primary Comments Off on 194P and Circular by IT Department on 206AB and 206CCA Section 194P Finance Act, 2021 has bought in a new section called 194P in order to provide relief to the [...] Read more
TDS on Purchase of Goods (Section 194Q and 206C(1H)) March 1, 2023 admin Primary Comments Off on TDS on Purchase of Goods (Section 194Q and 206C(1H)) Section 194Q: TDS under this Section is to be deducted by the buyer, if- The person, being buyer whose turnover [...] Read more
Higher Rate of TDS/TCS for Non-Filers of Income Tax Return (1st July 2021) February 19, 2023 admin General Comments Off on Higher Rate of TDS/TCS for Non-Filers of Income Tax Return (1st July 2021) Introduced by the Finance Act, 2021 to punish the one’s who are not filing Income tax Returns even though they [...] Read more
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