Income Tax

After at present midnight taxpayers cannot use incometaxindiaefiling.gov.in – the prevailing website for e-filing of return of revenue. In case you’re able to file your Earnings Tax Return (ITR) and have partly stuffed within the particulars, it’s important to full the submitting course of at present itself utilizing incometaxindiaefiling.gov.in – the prevailing website for e-filing

Earnings Tax. Representational picture A number of vital adjustments will come into impact for taxpayers in June 2021. Quite a few due dates are additionally ending at the moment (Could 31). Taxpayers will be unable to finish these actions in June for which due dates are ending at the moment. Right here’s a listing of

Presently, the tax legislation supplies for deemed honest valuation guidelines for specified asset transfers. By Amrish Shah, Madhvi Jajoo and Shefali Ganatra The federal government has repeatedly introduced in applicable amendments, guidelines and clarifications to streamline the tax legislation and discourage tax avoidance schemes which generally defeat the aim of the legislation. One such crucial

Nevertheless, the full funding within the monetary 12 months and the next monetary 12 months might be as much as Rs 50 lakh. By Chirag Nangia I’ve bought a small plot belonging to my father. I wish to reinvest the cash in a small flat. How a lot time do I’ve to take action or

From June 1, you need to look ahead to the launch of the brand new e-filing web site, which is scheduled on June 6, 2021. If you’re able to file your Earnings Tax Return (ITR), you might file the return of earnings within the present earnings tax India e-filing web site until Could 31, 2021.