आरबीआई ने 7 अक्टूबर तक 2000 के नोट जमा कराने का बढ़ाया समय आरबीआई ने 2000 के नोट जमा कराने का समय बढ़ा दिया है। अब आमजन 7 अक्टूबर तक 2000 के नोट जमा करा सकेंगे। पहले आरबीआई ने 30 सितंबर 2023 नोट जमा कराने की डेडलाइन तय कर रखी थी।
This year, 22,000 taxpayers, including high-net-worth individuals, salaried individuals, and trusts, have received notices from the Income Tax Department because their deductions don’t match the information on their Form 16 or Annual Information Statement (AIS). According to a report in The Economic Times, all these intimation notices were sent for the tax returns filed for ...
Personal finance changes from next month: With the beginning of October month, one would be entering into new quarter as well. With the beginning of new quarter, a good number of new rules are getting effective from 1st October 2023 that would directly impact perfonal finance of an investor. These financial changes include mutual fund ...
Last date extended to submit an income tax audit report: Certain taxpayers have to mandatorily conduct an income tax audit of their books of accounts as per the Income-tax Act, 1961. An income tax audit is a thorough inspection of the books of accounts of a business entity or professional individual. “The government’s mandate for ...
The CBDT has notified new rule and form for new manufacturing Co-Operative Societies to opt for 15% concessional tax rate. The Income-tax (Twenty-Third Amendment) Rules, 2023 has been notified to amend Income-tax Rules, 1962. The exercise of an option under section 115BAE(5) is covered by the new rule 21AHA. For any prior year relevant to ...
The Income Tax Department has issued an Advisory on Digital Signature Certificate(DSC). The Digital Signature Certificate (DSC) has emerged as a globally trusted, secure, and safe digital tool that streamlines all of your e-filing processes. DSC has many such features that provide a cyber-free environment for your confidential information and records for e-filing income tax returns online. According to the revised ...
Starting October 1, 2023, the government is set to implement the new Tax Collected at Source (TCS) rules which were introduced earlier this year in the Budget. The new rules are part of the government’s efforts to enhance tax collection and broaden the tax base. Here, let us understand the key provisions of the new ...
Last date to file Form 10A/ 10AB for the registration of Charitable or Religious Trusts/Institutions in certain cases is 30th September, 2023. Deadline is approaching soon. Don’t miss the date! Related Tagged: INCOME TAX, INCOME TAX DEPARTMENT Source link
The CBDT vide Notification No. 82/2023 dated September 28, 2023, under the authority of the Income-tax Act, 1961, introduces the Income-tax (Twenty Second Amendment) Rules, 2023. These rules, effective upon publication in the Official Gazette, amend the Income-tax Rules, 1962. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), for rule 14A, the ...
Section 143(1)(b) of the Income Tax Act, 1961 is an important provision that empowers the Income Tax Department to process income tax returns filed by taxpayers. In this blog, we will take a closer look at this provision, what it entails, and how it can impact taxpayers. The Basics of Section 143(1)(b) Under Section 143(1)(b), ...
