जाने कब है वित्तीय वर्ष 2020 – 2021 के आयकर रीटर्न की आखरी डेट

जाने कब है वित्तीय वर्ष 2020 – 2021 के आयकर रीटर्न की आखरी डेट   आयकर विभाग ने वित्तीय वर्ष 2020 – 2021 की आयकर रीटर्न (ITR) के लिए आखरी डेट जारी कार दी है। आयकर विभाग के सुचना अनुसार वित्तीय वर्ष 2020 – 2021 की आयकर रीटर्न (ITR) 31 जुलाई 2021 तक भरी जाएगी। … Read more जाने कब है वित्तीय वर्ष 2020 – 2021 के आयकर रीटर्न की आखरी डेट

Extension of ITR -2020-21 filing due date

Extension of ITR -2020-21 filing due date Extension of time limits    1.The due date for furnishing of Income Tax Returns for the Assessement Year 2020 – 21 for the taxpayers (including their partners) who are required to get their accounts audit and companies [for whom the due date, as per the provisions of section … Read more Extension of ITR -2020-21 filing due date

Expenses allowable under specific instructions of CBTD

Expenses allowable under specific instructions of CBTD   Diwali and Muhurat expenses: Expenses incurred on the occasion of Diwali and Muhurta are in the nature of business expenses. If the Assessing Officer is satisfied that such expenses are not a personal one. Social or religious in nature, these may be allowed as deductions. [Letter No.13 … Read more Expenses allowable under specific instructions of CBTD

Standard deduction on salary income section 16(ia)

    Standard deduction on salary income section 16(ia) According to Income Tax Act, 1961 reintroduced standard deduction from salary income ,assessee income from salary feel that there is unfair that expenditure are not allows from salary income for which they has incurred to earn such income. Quantum of Amount 1. Salary Income 2. Rs.50,000 … Read more Standard deduction on salary income section 16(ia)

Disallowance for cash payment under section 40 (A) 3

Disallowance for cash payment under section 40 (A) 3 According to Income Tax Act 1961 all expenditure incurred in respect of business is allows for computing  business income during the relevant period . There is restriction  for where the assessee incurs any expenditure in respect of which a payment or aggregate of payment made to … Read more Disallowance for cash payment under section 40 (A) 3

Section 115BAB

Section 115BAB Corporate tax rate for new manufacturing companies. According to Income Tax Act 1961 Government has introduced a new tax regime or say low corporate tax rate for new manufacturing companies a new section 115BAB inserted . Meaning of Manufacture or Production for section 115BAB According the provision of  section 115BAB  above-mentioned conditions that … Read more Section 115BAB

ITR के बारे में समझे। अपनी आय के हिसाब से कौन सा फॉर्म भरना होता है

  ITR के बारे में समझे। अपनी आय के हिसाब से कौन सा फॉर्म भरना होता है   ITR – 1:- देश के आम आदमी जिनकी आय 50 लाख रूपए तक है उस व्यक्ति को ITR – 1 फॉर्म भरना होता है। उस व्यक्ति की आय का स्त्रोत एक घर की संपत्ति से, बैंक के … Read more ITR के बारे में समझे। अपनी आय के हिसाब से कौन सा फॉर्म भरना होता है

Expenses or payment not deductible in certain circumstances Section 40A

Expenses or payment not deductible in certain circumstances Section 40A According to Income Tax Act,1961 all expenses relating to business or profession are allows as deduction. The provision which are being discusses under various sub section of section 40A have overriding effect over the provision of other sections. For an amount to be disallowed under … Read more Expenses or payment not deductible in certain circumstances Section 40A

Form 3CD has following clauses

Form 3CD has following clauses   Name of Assessee* Address of Assessee* Permanent Account Number (PAN)* 4(a). Whether the assessee is liable to pay indirect tax like excise duty, service tax, sales tax, goods and services tax, customs duty, etc. if yes, please furnish the registration number or GST number or any other identification number … Read more Form 3CD has following clauses