Quick eFiling

What is CBDT New e-Settlement Scheme 2021? CBDT has vide Notification No. 129/2021 Income Tax on 01.11.2021 and beneath section 245D (11) & 245D (12) of the Income-tax Act, 1961 provided e-Settlement scheme, 2021 to settle due income-tax settlement applications assigned to a settlement commission. Subject Ability & Reach of e-Settlement Scheme, 2021 It undergoes imposition on …

All About CBDT e-Settlement Scheme 2021 with Applicability Read More »

The status of the residential person poses an essential role in finding out the method of his or her income that shall come under the tax for that year in India. Moreover, the non-resident Indians NRIs and the Persons of Indian Origin (PIOs) are very careful in preparing their stay in India for the specific …

How Can DTAA Give Benefits to NRI in India on Double Taxation? Read More »

The latest rule made through the Indian tax council this year seems to become an issue for the foreign investors who pose sovereign funds as well as pension funds who invest in the country. The same is made essential by the tax council for all the non-individual tax filers to mention the PAN number of the permitted …

Tax Dept Inserts PAN Rule in Income Tax Returns for Investors Read More »

The due date for filing Income Tax Return (ITR) changes based on the category of taxpayer i.e. whether a taxpayer is an Individual or HUF or Firm or other entity. Although the last due date for filing the Income Tax Return is in most cases July 31 of the assessment year. The Income Tax Return ought to …

Must Know Crucial Information for Filing Income Tax Return of FY 2020-21 Read More »