under scction 119(2)(a) of the Act, hereby, further extends the date for furnishing of belated and revised returns for the Assessment Year 2019-20 under sub-section (4) and (5) of section 139 of the Act respectively, from 30th September, 2020 to 30th November, 2020
Income tax
Clarification on doubts arising on account of new TCS provisions
Finance Act, 2020 amended provisions relating to TCS with effect from 1st October, 2020 to provide that seller of goods shall collect tax @ 0.1 per cent (0.075% up to 31.03.2021) if the receipt of sale consideration from a buyer exceeds Rs. 50 lakh in the financial year.Finance Act, 2020 amended provisions relating to TCS with effect from 1st October, 2020 to provide that seller of goods shall collect tax @ 0.1 per cent (0.075% up to 31.03.2021) if the receipt of sale consideration from a buyer exceeds Rs. 50 lakh in the financial year.
Exemption of Employees with Disabilities from roster duty -MoF
Exemption of Employees with Disabilities from roster duty due to COVID-19 situation. Department of Empowerment of Persons with Disabilities and information and compliance of the instruction
CBDT: Guidelines for compulsory selection of returns for Complete Scrutiny for 2020-21
Compulsory scrutiny by the International Taxation and Central Circle charges and prescribed guidelines, shall, as earlier, continue to be handled by charges.
Presidential Award of Appreciation Certificates & Medals for 2021 – CBIT
proposals for the Presidential Awards on the occasion of the eve of Republic Day, 2021, have now become due for consideration.