TDS Return Form 26Q and 27Q Amended :INCOME-TAX (SEVENTH AMENDMENT) RULES 2025 

By | April 2, 2025

26Q and 27Q Form Amended INCOME-TAX (SEVENTH AMENDMENT) RULES 2025  NOTIFICATION G.S.R. 195(E) [NO. 22/2025/F.NO. 370142/08/2025-TPL], DATED 27-3-2025 In exercise of the powers conferred by section 295, read with section 194T of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules,… Read More »

Waiver of Interest on Late Deposit of TDS : CIRCULAR NO. 5/2025

By | April 2, 2025

 WAIVER ON LEVY OF INTEREST UNDER SECTION 201(1A)(ii) OR 206C(7) CIRCULAR NO. 5/2025 [F.NO. 275/92/2024-IT(BUDGET)] , DATED 28-3-2025  Section 201(1A) of the Income-tax Act (hereinafter “the Act”) provides for levy of interest on account of failure to deduct or pay the deducted tax to the credit of the Central Government by the deductor. Further, section 206C(7) of… Read More »

Aadhaar Mandatory for Skill development training for MSME : Notification

By | April 1, 2025

Aadhaar Mandatory for Skill development training for MSME : Notification MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (EDI Section) NOTIFICATION New Delhi, the 27th March, 2025 S.O. 1471(E).—Whereas the use of Aadhaar number to establish identity enables individuals to receive subsidies, benefits and services in a convenient and seamless manner, obviates the need for multiplicity… Read More »

Income Tax dept ask Input for drafting Income-tax Rules and related forms consequent to the Income Tax Bill, 2025

By | April 1, 2025

Income Tax dept ask Input for drafting Income-tax Rules and related forms consequent to the Income Tax Bill, 2025 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New Delhi, 18th March, 2025 Press Release Seeking stakeholders’ input for drafting Income-tax Rules and related forms consequent to the Income… Read More »