Income Tax : Explore the ongoing issues of tax rebate under Section 87A for short-term capital gains on shares, following the new utility relea...
Income Tax : Explore controversy surrounding Section 87A of Income Tax Act and its impact on short-term capital gains. Learn why rebate was sud...
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 : The recent changes in the ITR filing utilities have created significant challenges for taxpayers eligible for the section 87A reba...
Income Tax : Check if your bank account is valid for refund. Learn how to update or revalidate your account details on the e-filing portal. Get...
Income Tax : KSCAA highlights critical issues on India’s Income Tax Portal, impacting timely filings for returns and TDS with glitches, timeo...
Income Tax : Explore the Lok Sabha query on technical glitches in the IT portal and TRACES. Learn about processing delays, PAN-Aadhaar issues, ...
CA, CS, CMA : KSCAA addresses glitches in the Income Tax portal, highlighting challenges faced by taxpayers and professionals, in a representati...
Income Tax : आयकर पोर्टल की तकनीकी गड़बड़ियों के कारण करदाताओ...
Goods and Services Tax : Bikaner Tax Consultants Association seeks an extension of the Income Tax Return filing deadline due to ITD portal glitches and iss...
Income Tax : In case of S. Subramanian & Co Vs ITO, Madras High Court directs Assessing Officer (AO) to pass a fresh order as notices sent to p...
Income Tax : Read the detailed analysis of Maheshwar Niketan Co-operative Housing Society Limited vs. ITO case. ITAT Mumbai grants relief for C...
Income Tax : Southern Gujarat Income Tax Bar Association Vs Union of India (Gujarat High Court) In today’s hearing through Video Conference, ...
Income Tax : Tax Bar Association Vs Union of India (Rajasthan High Court, Jodhpur) This public interest petition has been filed by the Tax Bar ...
Income Tax : We request the authority concerned to take a practical view of the problems which the assessees are facing as on date on account o...
Income Tax : On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing of Audit reports for AY 2021-22...
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...
Income Tax : PRESS RELEASE NO. DSM/BY/KP-163/10 Central Board of Direct Taxes (CBDT) that the process for renewal of the security certificate ...
Company Law : he Central Government, for the purpose of making all transactions faster, improving service delivery and making Office of the Regi...
Company Law : In exercise of the powers conferred by sub-section (2) of Selection 4A of the Companies Act, 1956(1 to 1956), the Central Governme...
ITR status shows the current status/stage of your filed ITR. Once your ITR has been filed, you may check if it has been accepted and processed by the Income Tax Department. In certain cases where some discrepancies are found, you may need to respond to the communication from the ITD. Hence, it is advisable to periodically check your ITR status.
FAQs on How to e-Verify Income Tax Return (ITR) Q.1 Why do I need to e-Verify? You need to verify your Income Tax Returns to complete the return filing process. Without verification within the stipulated time, an ITR is treated as invalid. e-Verification is the most convenient and instant way to verify your ITR. You […]
How to Add/Remove/Validate Demat Account on new Income Tax Portal- FAQs Q.1 Can I enable EVC for multiple demat accounts? Ans. No. EVC can be enabled for only one demat account at any point of time. If you try to enable EVC for another demat account, then you will receive a message to disable EVC […]
FAQs on How to Register for e-Filing (CA) on New Income Tax Portal 1. Who is a Chartered Accountant? A Chartered Accountant (CA) is a registered member of Institute of Chartered Accountants of India. A CA can file ITRs, Audit Reports and other statutory forms on behalf of his/her clients. 2. What are the prerequisites […]
FAQs on Register Digital Signature Certificate Q.1 What is DSC and why is it required? Ans: Digital Signature Certificate (DSC) is the electronic format of a physical or paper certificate. DSC serves as proof of identity of an individual or Organization for a certain purpose online / on computer. DSC authenticates and electronic document like […]
FAQs on How to Login on New Income Tax Portal 1. Do I need my registered mobile number to login to the e-Filing Portal? There are multiple ways to log in to the e-Filing portal. It is not necessary to have access to the registered mobile number. 2. Should my PAN be registered on the […]
FAQs 1. I am a tax professional (CA) registered on the e-Filing portal. Where can I check important updates about my clients, such as forms pending for filing and verification? You can check such details by by logging into your e-filing account and selecting Pending Actions on your e-Filing Dashboard. The names and PANs of assesses are […]
FAQs on How to Change Your Password on New Income Tax Portal Q.1 I do not remember my user ID. How can I login to my account? Ans. Your Permanent Account Number number is your user ID for the e-Filing portal. You can also use your Aadhaar number as user ID, only if it has […]
The Ministry of Finance had asked ICAI to constitute a task force of 7 representatives to look into the technical glitches / issues being faced on the new Income Tax portal. Accordingly, taking cognizance of the matter, a team of 7 members was constituted by CA. Nihar N Jambusaria, President, ICAI to analyse the issues being faced reg. new portal.
Q.1 Who is eligible to file ITR-2 for AY 2021-22? Ans. ITR-2 can be filed by individuals or HUFs who: -Are not eligible to file ITR-1 (Sahaj) -Do not have income from profit and gains of business or profession and also do not have income from profits and gains of business or profession in the […]
