Income Tax Circular 2019 – Income Tax Rates AY 2019-20 Income Tax Rates as per the Income Tax Circular No.01/2019 published by the Central Board of Direct Taxes on 1.1.2019 for the Financial Year 2018-19 (Assessment Year 2019-20) RATES OF INCOME-TAX AS PER FINANCE ACT, 2018: Income Tax Circular 2019 – Tax Deduction from Salaries … Read more
No TDS upto 50,000 for Senior Citizen – CBDT Notification Dt. 6.12.2018 TDS DEDUCTION UNDER SECTION 194A OF THE INCOME-TAX ACT, 1961 IN CASE OF SENIOR CITIZENS F. No. Pr. DGIT(S)/CPC(TDS)/Notification/2018-19 Notification No. 06/2018 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) New Delhi Notification No. 06 /2018 … Read more
Pension Exempt from Income Tax – BPS writes to FM Pension of Ex-Govt Employees to be Net of Income Tax Dt – 23.11.18 BHARAT PENSIONERS SAMAJ (All India Federation of Pensioners Association) 2/13-A-LGF Backside, Jangpura – ‘A’, New Delhi – 110 014 No BPS/ SG/pension/I.Tax/018/1 Dated: 23.11.2018 To The Arun jaitley ji Honorable Cabinet Minister … Read more
Extension of date for filing of Income Tax Returns for taxpayers in Kerala Ministry of Finance Extension of date for filing of Income Tax Returns for taxpayers in Kerala In view of the disruption caused due to severe floods in Kerala, the Central Board of Direct Taxes (CBDT) hereby further extends the “Due Date” for … Read more
Tax Relaxation on NPS Maturity Value LOK SABHA UNSTARRED QUESTION No. 3975 TO BE ANSWERED ON FRIDAY, THE 10TH AUGUST, 2018 SHRI KONAKALLA NARAYANA RAO: (a) whether the Government is contemplating to give tax rebate on the maturity value of the amount deposited under National Pension Scheme (NPS) like Public Provident Fund and if so, … Read more
Income Tax Refunds – Parliament Q&A LOK SABHA UNSTARRED QUESTION NO: 1751 ANSWERED ON: 27.07.2018 PRASUN BANERJEE (a). the average time taken for Income Tax refunds; and (b). the details of all pending IT refunds since 2014 and the number of people awaiting IT refunds as on date? ANSWER MINISTER OF STATE IN THE MINISTRY … Read more
Filing of Income Tax Returns Deadline Extended for AY 2018-19 Extension of Due Date for filing of Income Tax Returns The due date for filing of Income Tax Returns for Assessment Year 2018-19 is 31.07.2018 for certain categories of taxpayers. Upon consideration of the matter, the Central Board of Direct Taxes(CBDT) extends the ‘due date’ … Read more
No Due Date Extension for filing Income Tax – CBDT CBDT – extension in due date for non-tax audit cases is fake and there are no such plans to extend this deadline beyond 31st July, 2018 CIRCULAR No.4/2018 F.No.370889/25/2018 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, … Read more
Linking of PAN with Aadhaar while filing of ITRs – CBDT Circular CBDT’s order regarding linking of PAN with Aadhaar while filing of ITRs F.No.225/270/2017/lTA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA II Division, New Delhi, dated the 30th of June, 2018 Order under Section 119 … Read more
Long Pending issues & ongoing agitation – Income Tax Employees and Officers’ Associations Long Pending issues & ongoing agitation – Income Tax Employees Federation and Gazetted Officers’ Associations No. 2/2018-19 Dated, 9th July, 2018 To The Presidents/General Secretaries of all the Units/Circles of ITGOA and ITEF Dear Comrades, Sub : Long Pending issues & ongoing … Read more