It Contains Provisions in brief related to Return Due Date u/sec 139(1), Important Prescribed Forms under Income Tax Rules 1962, Current Rates for the Tax Deduction at Source, Provisions related to Cash loan/Deposit, Section 40(b):- Remuneration to Partner Business / Profession, Provision related to Cash Payment U/s. 40A(3), Tax Audit Provisions, Carry Forward & Set-off
of Losses
, Income Tax Deduction and Rebates, Income Tax Rates for A.Y. 2019-20, Capital Gain, Advance Tax Due Dates, Interest Rate for delayed payment of Income Tax, Fees for delayed Income Tax Return Filing, Penalty Provisions U/s. 271B and 273B, Standard Deduction on Salary, Home Loan Interest Deduction etc.

 

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