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  • Income tax department extends deadline to reply to tax notices
    India NewsIncome tax department extends deadline to reply to tax notices

    "With a view to provide relief to the taxpayers and tax professionals and to facilitate the compliance with respect to e-Assessment proceedings under E-assessment Scheme, 2019, the time limit for filing of response to notices under section 142(1) of the Income-tax Act issued up to 24.12.2019 by the National e-Assessment Centre is extended up to 10.01.2020 or time given in such notices, whichever is later," a notification issued by the Central Board of Direct Taxes (CBDT) read.

    2 months ago
  • Penalty clause spurs filing of IT returns within deadline
    SourcesPenalty clause spurs filing of IT returns within deadline

    A total of Rs 5.42 crore income tax returns (ITRs) were filed till the end of extended August 31 deadline this year showing an improvement of around 71 per cent over returns filed during the same period last year, the government said on Saturday.

    2 years ago
  • GST return filing dates extended for Kerala
    SourcesGST return filing dates extended for Kerala

    The government on Tuesday extended the deadlines for various Goods and Services Tax (GST) returns for taxpayers registered in flood-hit Kerala, Mahe in Puducherry and Kodagu in Karnataka.

    2 years ago
  • Arun Jaitley announces EPF tax proposal no more
    India NewsArun Jaitley announces EPF tax proposal no more

    Finance Minister Arun Jaitley has announced roll back of EPF tax proposal he had announced during budget speech last week.

    4 years ago