Income Tax : Learn about the benefits of e-filing for tax saving investments in India, including ELSS, PPF, and more. Understand how e-filing c...
Income Tax : Learn how to easily link your Aadhaar and PAN on the Income Tax website. Follow our step-by-step guide for a hassle-free process....
Income Tax : Government released New ITR filing portal on 7th June, 2021 for improving efficiency of IT Portal, best user interface and better ...
Income Tax : Arjuna (Fictional Character): Krishna, the Income Tax Department launched the new income tax e-filing portal on 7th June 2021 to m...
Income Tax : RECTIFICATION OF AN ORDER RECEIVED FROM CPC AND ISSUES RELATING TO DISPOSAL OF THE RECTIFICATION PETITION If the assessee finds a ...
Income Tax : Ministry of Finance has summoned Sh Salil Parekh, MD & CEO, Infosys on 23/08/2021 to explain to hon’ble FM as to why eve...
CA, CS, CMA : Bombay chartered Accountants Society has made a representation to Smt. Nirmala Sitharaman, Hon’ble Union Minister for Finance an...
Income Tax : ‘TAX ADVOCATES’ ASSOCIATION OF BENGAL’ has made a representation before Hon’ble Finance Minister on issues...
Income Tax : We wish to appraise your good self about the problems and issues faced by the assessee and professionals in new Income TAx Portal ...
Income Tax : Maharashtra Tax Practitioners’ Association has made a representation to Shri. Narendraji Modi, Prime Minister of India and bro...
Income Tax : The Income Tax Department is going to launch its new E-filing portal www.incometax.gov.in on June 7th, 2021. In preparation for th...
FAQs on Form ITR – 1 Q.1 Who is eligible to file ITR-1 for AY 2021-22? Ans: ITR-1 can be filed by a Resident Individual whose: -Total income does not exceed ₹ 50 lakh during the FY -Income is from salary, one house property, family pension income, agricultural income (up to ₹5000/-), and other sources, […]
Q. 1. What is Form 10B? Form 10B enables a taxpayer to file an audit report if the taxpayer has applied for or is already registered as charitable or religious trust / institution by filing Form 10A. Form 10B is accessed by the CA added by the taxpayer under the My CA service and is […]
1. Overview All users registered on the e-Filing portal can choose to use the Offline Utility when filing Income Tax Statutory Forms. With this service, you can file Income Tax Statutory Forms by uploading the utility-generated JSON: Post login to the e-Filing portal, or Directly through the Offline Utility This service on the e-Filing portal offers an […]
Q.1 What is Form 35? If you are aggrieved by an order of an Assessing Officer (AO), you can file an appeal against the same before the Commissioner of Income Tax (Appeals) by submitting duly filled Form 35 online on the e-Filing portal. Q.2 Who can use Form 35? Any assessee / deductor who wants […]
A meeting was held between senior officials of the Finance Ministry and Infosys on 22.06.2021 on issues in the new Income Tax Portal. The meeting was presided over by Union Minister for Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.
Our Government is trying to make income tax portal user friendly but untimely changes brought on the portal has made the professionals’ work more difficult as the portal is still not functional completely. Updations and changes are always welcome and appreciable by the users, if it is timely. When change is in our hands and […]
Form 67 FAQ 1. Why do I need to submit Form 67? You will be required to submit Form 67 if you want to claim credit of foreign tax paid in a country or specified territory outside India. You will also be required to submit Form 67 in case of carry backward of loss of […]
Article contains FAQs on to Instant E-PAN and contains stepwise Guide for How to Generate New e-PAN, How to Update PAN details as per Aadhaar e-KYC, How to Check status of pending e-PAN request / Create e-Filing Portal account / Download e-PAN and how to Download e-PAN – Post Login. Instant E-PAN- FAQs Q.1 I […]
FAQS on Know TAN Details Q.1 What is TAN? Ans: TAN stands for Tax Deduction and Collection Account Number. It is a 10-digit alpha-numeric number issued by the ITD. Q.2 Who needs to obtain TAN? Ans: TAN must be obtained by all persons responsible for deducting tax at source or who are required to collect […]
FAQs on How to Know Your Assessing Officer (AO) on New Income Tax Portal Q.1 Who is an Assessing Officer (AO)? Ans. An Assessing Officer (AO) is an officer of the Income Tax Department who is responsible for ensuring correctness of Income Tax Returns filed by the taxpayers in his/her jurisdiction. Q.2 When do I […]
