Changes in tax audit report 2020-21
The Taxation Laws (Amendment) Act, 2019 has introduced two new sections -Section 115BAA and Section…
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One Time Relaxation for Verification of Return Data – Reference CBDT Circular 13/2020
. As per the circular no.13/2020 issued by the CBDT on 13th July 2020 you…
Government Blocks 118 Mobile Apps including PUBG
The Ministry of Electronics and Information Technology, Government of India invoking it’s power under section…
New Education Policy 2020-Major Transformational Reforms in Education Sector
New Education Policy 2020-Major Transformational Reforms in Education Sector: New Education Policy 2020 is announced…
Charitable Trusts and Exempt Institution registered under section 80G, 12A or section 12AA : New – Fresh Registration Required : Last Date 31.12.2020
Very IMP update for Charitable Trusts and Exempt Institution registered under section 80G, 12A or…
CBDT provides Utility to ascertain TDS applicability rates on cash withdrawals
The Income Tax Department has facilitated a new functionality for Banks and Post offices through…
Latest TDS Rate Chart FY 2020-21 (AY 2021-22) www.cainbangalore.com
SectionIncome type Threshold limitIndividual/HUF TDS Rate in %192Salary IncomeIncome Tax SlabSlab Rates192AEPF-Premature WithdrawalRs 5000010% If no…
INCOME TAX CHANGES A.Y.2020-21
Income Tax New disclosures asked in the new ITR forms 1to7 are: 1. House ownership:…
GST cancelled looking to restore back ?? here is the golden opportunity
No Late fee on GSTR-3B for NIL Tax Liability: For all those who have no…
New TDS rate post Covid 19 for FY 2020-21
SectionNature of paymentThreshold LimitTill 13/05/2020From 14/05/2020ResidentNon-resident*ResidentNon-resident*Rs.TDS Rate (%)TDS Rate (%)TDS Rate (%)TDS Rate (%)192Salaries–Normal slab…