Category Archives: CBDT

Key feature of FVU version 4.1

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Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/ transaction, he is required to update the… Read more »

New PAN application form 49A, 49AA Notified: Documents required to apply PAN card Modified

CBDT (Central Board of Direct Taxes) has amended the rules pertaining to application of new pan card issued in its notification no. 96 dated December, 23 2013 regarding new format… Read more »

Deferred Tax Liability on Special Reserve created u/s. 36(1)(vii) of the Income Tax Act, 1961

The Income Tax Department has issued a circular regarding Deferred Tax Liability on special reserves created section 36(1)(vii) of the Income Tax Act which is as under: DEFERRED TAX LIABILITY… Read more »