The CBDT has extended the due date for filing of ITR for Assessment Year 2019-20 from July 31, 2019 to August 31, 2019, for the taxpayers who are liable to file ITR by July 31, 2019. This extension was necessary considering the extension in due dates for filing of TDS statement in new Form 24Q… Read More »
Upon careful consideration of the rival submissions, the decisions noticed above, the relevant provisions of the U.P. Act as also the Penal Code and the Code, we find that Sections 69, 134, and 135 of the U.P. Act are applicable in respect of offences punishable under the U.P. Act. They have no application on offences… Read More »
Tax Credit /TDS Mismatch report from income tax Income Tax e-filing portal has enabled viewing and downloading report of Tax/TDS credit mismatch between Form 26AS and TDS claimed. The report shall enable assessees in pin pointing the mismatch in TDS as claimed and as appearing in Form 26AS resulting into artificial demand Step-wise procedure for… Read More »
Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019 Download Sabka Vishwas (Legacy Dispute Resolution) Scheme 2019
Payment: Utilization of IGST Credit (implemented in Form GSTR 3B only) Taxpayers filing Form GSTR 3B will have to utilize IGST credit towards payment of Integrated tax, and the amount remaining, if any, may be utilised towards the payment of Central tax and State tax or Union territory tax, in any order. This can be… Read More »