Extended Due Date for Income Tax Filing – and Tax Audit FY 2020-21 Category of Taxpayer Extended Due Date for Tax Filing – FY 2020-21 Individual / HUF/ AOP/ BOI (books of accounts not required to be audited) Due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July […]
ITR
ITR
Extension of time limits of ITR/Tax Audit/GSTR-9
Extension of time limits of ITR/Tax Audit/GSTR-9 ITR whose Accounts are required to be Audited-15.01.2021 The due date for furnishing of Income Tax Returns for the Assessment Year 2020·21 for the taxpayers (including their partners) who are required to get their accounts audited and companies [for whom the due date, as per the provisions of […]
Can a Income Tax return be filed after the due date of ITR ?-Under Section 139(1)
Can a Income Tax return be filed after the due date of ITR ? Can Income Tax Return be filed after due date:- Income Tax Return which has not been furnished on or before the due date specified under section 139(1) of Income Tax Act is called belated return. Belated return of income is furnished […]
Due Dates for the month of January-2020// Return Due date of filing of Income tax Return and other General F & Q Related to ITR Filling //PAN with Aadhaar linking
Due Dates for the month of January-2020 7th January 2020 Due date for deposit of (TDS and TCS) Tax deducted/collected for the month of December-2019. However,all the sum (TDS or TCS) deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax […]
What are the provisions framed under the Income tax law/Act in relation to carry forward and set off of business loss other than loss from speculative business ?
What are the provisions framed under the Income tax law/Act in relation to carry forward and set off of business loss other than loss from speculative business? Set off of business loss– The set off of loss from house property against income from any other source is restricted to 2 lakh rupees per annum. [w.e.f. […]
Article “INCOME FROM HOUSE PROPERTY” ||Rental income from sub-letting||Composite rent
INCOME FROM HOUSE PROPERTY Income From House Property:– Taxable Income under the head “house property” Rental income from a property being land or building appurtenant there to of which the person (taxpayer) is owner is charged to tax under the head “Income from house property”. Rental income from sub-letting Rental income in the hands of […]