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Search results for: Income tax Act

1 Lakh ITR Filed Per Day on New e-Filing 2.0 Portal

New e-Filing 2.0 Portal Gets More Than 1 Lakh ITR Returns Per Day

You shall be amazed to know that since July 24, every day more than 1 lakh income-tax returns have been filed on the new web portal of the Income Tax Department. Worth mentioning here that the new website of the Income Tax Department was launched on June 7 of this year. In fact on Tuesday […]

Gujarat HC's Order for DGGI officers Related to ITC Fraud

Gujarat HC: DGGI Officials Authorized to Issue Writ for Wrongful ITC Claim

Many people may not know that there is a constitutional office of the ‘Directorate General of the Goods and Services Tax Intelligence’. The Gujarat High court has in a recent decree held that DGGI officers are completely empowered to issue the summons to the taxpayers as per the Central Goods and Services Tax Act, 2017 […]

18 Percent GST Rate for Online/Offline Tendering

18% GST Levy on Supply of Goods or Services for Online/Offline Tendering

There is an 18% GST is to be furnished on online and offline business said Maharashtra Authority of Advance Ruling (AAR) The dentist’s act 1948 controls the profession of dentistry in which it is convenient to build the act for the direction of the field of dentistry furthermore towards that form the petitioner Maharashtra State […]

Form 16 Generation Guide By Gen TDS Software

Easy Guide to Download/Generate Form 16 via Gen TDS Software

What is TDS (Tax Deducted at Source)? The objective of levying Tax Deducted at Source is to collect the tax from the point or source where the income is generated. The tax is deducted by the payer in advance from the amount payable to the income receiver, and the same is deposited in the account […]

Tax Dept Engaged with Infosys for ITR Filing Solutions

IT Dept Engages with Infosys for Log-in & ITR Filing Problems

It has been a month since the launch of the new web portal of the Income Tax Department which has been designed and developed by software giant Infosys, but technical glitches are still persisting while accessing the web portal of the I-T Department and that too after the finance minister has headed the meeting on […]

Claiming Deduction for Covid-19 Expenses While Tax Filing

Covid-19 Expenses: Process to Claim Deduction While ITR Filing

The second wave of Corona-19 has ruined and devastated the life of crores of people on our planet. To date, nearly 185,390,254 people have slipped in this death trap; however, the major proportion of people have survived and the others have lost their lives. Still, there are hundreds of people who are still struggling for […]

New ERIs Facility on ITR 2.0 Web Portal

New ITR E-Filing 2.0 Portal Arrives with ERIs Facility for CAs

The recently launched income tax portal 2.0 has now a new feature to add an e-Return Intermediary (ERI), chartered accountant, or a selected authorized executive representative to assist the ITR filing for the clients. e-Return Intermediary (ERI) & It’s Working The whole purpose to appoint ERIs is to make them intermediary between client and income […]

Bangalore ITAT's Order for Autodesk Asia Pvt. Ltd

Bangalore ITAT: No TDS Levy on Computer Software Attached onto Hardware

It has been held by the Income Tax Appellate Tribunal, Bangalore Bench thatIf computer software is affixed onto hardware and the single product i.e. integrated unit is sold then Tax Deducted at source shall not be applicable. Here, in this case, the assessee and the subject of consideration is M/s Autodesk Asia Private Limited that […]

Technical Errors on New Income Tax Web Portal

Most Common Technical Errors on New ITR e-Filing 2.0 Portal

The income tax department launched the new website of Income Tax on June 7th, 2021. The website is having various technical problems since its launch. One of these is the problem related to ITR, Let’s know it in detail here. Various Errors Related to ITR People were excited about the new Income Tax website but […]

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