Category Archives: Income Tax

Extension of ITR and Tax Audit Date AY 2020-21 : Gujarat High Court direction

By | January 9, 2021

Extension of ITR and Tax Audit Date AY 2020-21 HIGH COURT OF GUJARAT All Gujarat Federation of Tax Consultants v. Union of India J.B. PARDIWALA AND ILESH J. VORA, JJ. R/SPECIAL CIVIL APPLICATION NO. 13653 OF 2020 JANUARY  8, 2021 S.N. Soparkar , Sr. Adv. and B.S. Soparkar for the Petitioner. Varun Pate for the Respondent. JUDGMENT   J.B. Pardiwala J. —The… Read More »

ITR AY 2020-21 update Late Fees UDIN

By | January 2, 2021

ITR AY 2020-21 update Late Fees UDIN 01/01/2021   CBDT has extended the due date for filing Income Tax Returns for the Assessment Year 2020-21. Accordingly the ITRs are modified to update the 234A interest & 234F Fee calculation and the same is available for download. 01/01/2021   Timeline before which UDIN are to updated with respect… Read More »

Notification No. 93/2020 : Extension of Date for ITR for AY 2020-21

By | January 1, 2021

NOTIFICATION New Delhi, the 31st December, 2020 S.O. 4805(E).—In exercise of the powers conferred by sub-section (1) of section 3 of the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 (38 of 2020) (hereinafter referred to the Act) and in supersession of the notification of the Government of India in the… Read More »

Income Tax Department conducts searches in Kolkata

By | January 1, 2021

Ministry of Finance Income Tax Department conducts searches in Kolkata Posted On: 31 DEC 2020 The Income Tax Department carried out search and seizure action on two Kolkata based Groups engaged in manufacturing & trading of Steel, trading of marbles & stones, food grains etc. The search action has resulted in unearthing of incriminating evidences… Read More »