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Income Tax Department To Send Formal Notice For ITR Mismatch for the assessment year 2021–22 (financial year 2020–21)

Income Tax Department To Send Formal Notice For ITR Mismatch for FY 2020-21

ICAI Peer Review: Extension of Phase 3 till 31 Dec 2024

Circulars

Income Tax has issued Circular No. 4/2024 dated 7th March 2024 for extension of due date for filing TDS Return Form No. 26QE

TDS Return Due Date for filing Form 26QE Extended [Read Circular]

The Central Board of Direct Taxes (CBDT) has notified changes in Form 3CD.

7 Changes made in Tax Audit Report Form 3CD

As per Finance Act of 2023, donations made by a trust or institution are only recognized as applications for charitable or religious purposes up to 85% of the amount donated.

CBDT clarifies provisions under Finance Act 2023 relating to Donations made by a Trust/ Institution to another Trust/ Institution

IT Department has clarified that eligible Donations made by a Trust to another Trust are treated as Applications only to the extent of 85% via issuing a Circular.

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Income Tax Department To Send Formal Notice For ITR Mismatch for FY 2020-21

ICAI Peer Review: Extension of Phase 3 till 31 Dec 2024

TDS Return Due Date for filing Form 26QE Extended [Read Circular]

7 Changes made in Tax Audit Report Form 3CD

CBDT clarifies provisions under Finance Act 2023 relating to Donations made by a Trust/ Institution to another Trust/ Institution

IT Clarifies eligible Donations made by Trust to another Trust treated as Application only to extent of 85%