“INSTANT PAN THROUGH AADHAAR BASED E-KYC – DIGITAL REVOLUTION” Key highlight: FM launches facility of Instant PAN through Aadhaar based e-KYC Decoding the Circular: Smt. Nirmala Sitharaman, Union Minister for Finance & Corporate Affairs has launched the facility for instant allotment of PAN (on near to…
Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 assessees since 1st April, 2020 to 21st May, 2020. Income Tax refunds amounting to Rs. 14,632 crore have been issued to 15,81,906 assessees and corporate tax refunds amounting to…
Central Board of Direct Tax has issued Circular No. 12/2020 Dated 20th May, 2020, wherein clarification has been which provides when provisions of section 269SU are not applicable. Relevant Extracts of circular: Since the prescribed electronic modes have a maximum payment limit per transaction or…
श्री कृष्ण: वत्स अर्जुन, किस चिंता में बैठे हो। जऱा हमें भी तो पता लगे। अर्जुन: भगवन, सादर प्रणाम। मैंने अपनी वित्त वर्ष 2018-19 की ITR फ़ाइल नहीं की हैं। कृष्ण: तो इसमें चिंता करने की क्या बात हैं अर्जुन? अर्जुन: भगवन, वित्त वर्ष 2018-19…
श्री कृष्ण - अर्जुन संवाद TDS/TCS बदलाव पर। अर्जुन: श्री कृष्ण जी को मेरा प्रणाम। कृष्ण: तथास्तु। अर्जुन: भगवन , भारत सरकार द्वारा कोरोना के मद्देनजर टैक्स स्लैब में कोई बदलाव किया गया हैं क्या? कृपा मुझे बताने का कष्ट करें। कृष्ण: अर्जुन, भारत सरकार…
The status of an individual, as to whether he is resident in India or a non-resident or not ordinarily resident, is dependent, inter-alia, on the period for which the person is in India during a previous year or years preceding the previous year. Section 6…