A task force on Direct Tax Code regulation has not favoured any “accountant” status to cost accountants and company secretaries, a senior official told ETCFO on the request of anonymity.
Recently, the Institute of Cost Accountants of India and the Institute of Company Secretaries of India have submitted representations to the Government requesting for an amendment in the
In order to discourage cash transactions and move towards less cash economy, the Finance (No. 2) Act, 2019 has inserted a new section 194N in the Income-tax Act,1961
The government is looking to include the interest earned across bank accounts into the pre-filled forms instead of confining it to the bank account So far, the government
Move to help audit trail of communication Every communication to be issued by the Income-Tax Department will now have a Document Identification Number (DIN). This intends to insure
HIGHLIGHTS The finance ministry has extended the deadline for filing income tax return New deadline for ITR submission for FY 2018-19 extended to August 31 This year CBDT
The Central Bureau of Investigation (CBI) registered an FIR under sections of cheating and forgery against sacked income tax commissioner S K Srivastava and conducted a raid at
Salaried employee check if you are eligible to file ITR 1 Sahaj Form for FY 2018-19 AY 2019-20. Salaried person cannot file ITR 1 if they have following 12
