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No further extension for Tax Audit due date – CBDT

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Notification no. 22/2019-Seeks to notify the provisions of rule 138E of the CGST Rules w.e.f 21st June, 2019

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The exemption of Rs. 50 lakh in s. 194-IA(2) is applicable w.r.t. the amount related to each transferee and not with reference to the amount as per sale deed. Each transferee is a separate income tax entity and the law has to be applied with reference to each transferee as an individual transferee / person – ITAT Delhi

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CBDT issues functionality to check the compliance of Section 206AB and 206CCA

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