PM Cares Fund Donation - Submission of Certificate for Claiming Deduction under section 80G Act of Form 16 – CBDT Order The Department of Revenue has issue an order that the contributions made to the Fund are in the form of a consolidated payment. The deduction in respect of such donations as … [Read more...] about PM Cares Fund Donation – Submission of Certificate for Claiming Deduction under section 80G Act of Form 16 – CBDT Order

Income Tax Department issued an Advisory on Phishing, Fraudulent Refund E-mail

November 5, 2015

Income Tax Department issued an Advisory on Phishing, Fraudulent Refund E-mail Taxpayers are requested not to respond to any email or any type of communication sent to them requesting them to furnish their personal particulars such as Bank account details, passwords, OTP etc. purported to be from … [Read more...] about Income Tax Department issued an Advisory on Phishing, Fraudulent Refund E-mail

Government of India for the following fiscal benefits including tax rebate and relaxations

July 31, 2015

Tax Benefits to Tourism Industry The Tourism Industry has requested the Government of India for the following fiscal benefits including tax rebate and relaxations: i. Inclusion of tourism infrastructure like hotels/resorts/tourist lodges/banquet halls/convention and exhibition centres etc. for … [Read more...] about Government of India for the following fiscal benefits including tax rebate and relaxations

The Central Board of Direct Taxes , Extended the due date of filing return of income for AY 2015-16 from 31st July 2015 to 31st August 2015

June 14, 2015

Extension of due date of filing return of income for Assessment Year 2015-16 G.I., Department of Revenue, Central Board of Direct Taxes, O.M.F.No.225/154/2015/TA.II, dated 10.6.2015 Order under Section 119 of the Income-tax Act 1991 Subject- Extension of due date of filing return of income for … [Read more...] about The Central Board of Direct Taxes , Extended the due date of filing return of income for AY 2015-16 from 31st July 2015 to 31st August 2015

Income Tax Rate Chart For AY 2015-16 / FY 2014-15

December 3, 2014

Income Tax Rate Chart For AY 2015-16 / FY 2014-15 The rates of income-tax as applicable for Assessment Year 2015-16 for the following category is given below:- 1) in the case of every individual below the Age of Sixty Years 2) For a resident senior citizen (who is 60 years or more at any … [Read more...] about Income Tax Rate Chart For AY 2015-16 / FY 2014-15