Daily Archives: March 31, 2022

No TCS on sale of overseas tour package to non-resident individuals by domestic tour operator

By | March 31, 2022

Central Government relaxes provisions of TCS under section 206C(1G) of the Income-tax Act, 1961 in respect of non-resident individuals visiting India Posted On: 31 MAR 2022 3:49PM by PIB Delhi Section 206C (1G) of the Income-tax Act, 1961 (“the Act”) provides for collection of tax by a seller of an overseas tour programme package from… Read More »

Fees for Not linking Adhaar With PAN Card

By | March 31, 2022

Amendment to the provisions of Income-tax Rules, 1962 for prescribing fees under section 234H of the Income-tax Act, 1961 Posted On: 30 MAR 2022 Under the provisions of the Income-tax Act, 1961 (“the Act”), every person who has been allotted a PAN as on 1st July, 2017 and is eligible to obtain Aadhaar Number, is… Read More »

Income tax Late Fees if PAN and Adhar Not linked , PAN inoperative guidelines : Circular No.7 of 2022

By | March 31, 2022

Income tax Late Fees if PAN and Adhar Not linked : Circular No.7 of 2022 F.No.370142/14/2022-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated the 30th of March, 2022 Sub.: Clarification with respect to relaxation of provisions of rule 114AAA of Income-tax Rules, 1962 prescribing the… Read More »