Representational

Govt further extends tax compliance timelines; individuals can file returns by Sept 30

New Delhi | In view of the hardship being faced by taxpayers on account of the severe Covid-19 pandemic and on consideration of representations received from various stakeholders, the government has decided to provide further relief to taxpayers by extending various time limits of compliances. Accordingly, the Central Board of Direct Taxes (CBDT) has now extended […]

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Pay penalty if not already filed I-T returns, no more extensions now

New Delhi: The Central Board of Direct Taxes dashed hopes of all taxpayers waiting for further extension of due dates for filing tax returns rejecting all representation in this regard, citing that the process cannot be delayed ‘indefinitely’ and hamper the functioning of the tax department and welfare programmes of the government. The decision means that […]