Finance Minister exhorted Income Tax officers to be prompt in redressing the grievances of the tax payers Finance Minister asks Tax officers to deal firmly with Tax evaders Income Tax Department celebrates Aaykar Diwas 2019 The Union Minister of Finance & Corporate Affairs Smt Nirmala Sitharaman exhorted the Income Tax officers to be prompt in […]
Income Tax
Loans to Good Tax Payers
Loans to Good Tax Payers The Government has taken comprehensive steps to reduce the incidence of frauds in banks. The steps taken include, inter-alia, the following: Government has issued “Framework for timely detection, reporting, investigation relating to large value bank frauds” to Public Sector Banks (PSBs), for systemic and comprehensive checking of legacy stock of their non-performing […]
Extension of date for filing of Income Tax Returns
Extension of date for filing of Income Tax Returns The due date for filing of Income Tax Returns for Assessment Year 2019-20 is 31.07.2019 for certain categories of taxpayers. Upon consideration of the matter, the Central Board of Direct Taxes(CBDT) extends the ‘due date’ for filing of Income Tax Returns from 31st July, 2019 to […]
Extension of last date for filing IT returns
Extension of last date for filing IT returns Government has recently changed Form 16 and Form 24 Q to bring more disclosures. In order to enable pre-filling of return of income of salaried taxpayers, the Government has amended Form No. 16 (certificate for tax deduction) and Form No. 24Q (quarterly statement of tax deducted) vide […]
Issuance of Certificate for Tax Deducted at Source in Form 16 for Pensioners – TN G.O
Issuance of Certificate for Tax Deducted at Source in Form 16 for Pensioners – TN G.O FINANCE (Pension) DEPARTMENT Secretariat, Chennai-600 009. Letter No.30359/Fin (Pension) /2019-1, dated:02-07-2019. From Tmt. POOJA KULKARNI, I.A.S., Special Secretary to Government. To The Branch Manager of All Public Sector Banks. The Reserve Bank of India, Chennai-600 001. All Head Offices […]