Section 10A of the Income Tax Act, 1961 (the Act for short) deals with special provision in respect of newly established undertakings in free trade zone, etc. For the purposes of section 10A, total turnover is sum of export turnover as well as domestic turnover
CBDT has released Form Sahaj (ITR-4) for A.Y. 2020-21 format for Assessment Year 2020-21 i.e. for Financial year 2019-20 vide Notification No. 01/2020-Income Tax dated 3rd January, 2020 Sahaj (ITR-4) for A.Y. 2020-21 is applicable For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh, one house property […]
CBDT has released Form Sahaj (ITR-1) for A.Y. 2020-21 format for Assessment Year 2020-21 i.e. for Financial year 2019-20 vide Notification No. 01/2020-Income Tax dated 3rd January, 2020 Sahaj (ITR-1) for A.Y. 2020-21 is applicable For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, […]
