Tag: CBDT

CBDT further extends date for filing Income Tax Returns and Audit Reports

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Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 8th October, 2018 PRESS RELEASE CBDT further extends date for filing Income Tax Returns… Read more »

Employers required to collect PAN of the lender banks from the employees to claim Interest in House Property in the salary return

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The Finance Act, 2015 had introduced a new section 192(2D) of the Income-tax Act, wherein the employer was obliged to collect the necessary evidence or proof in Form 12BB  to… Read more »

Employers required to collect PAN of the lender banks from the employees to claim Interest in House Property in the salary return

      No Comments on Employers required to collect PAN of the lender banks from the employees to claim Interest in House Property in the salary return

The Finance Act, 2015 had introduced a new section 192(2D) of the Income-tax Act, wherein the employer was obliged to collect the necessary evidence or proof in Form 12BB  to… Read more »

TDS on interest on deposits under Capital Gains Accounts Scheme, 1988 where the depositor has deceased

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CBDT has issued a clarification on TDS charged on the interest on deposits made under Capital Gains Accounts Scheme, 1988 if the depositor has deceased. As per the notification no… Read more »

TDS on the interest income accrued to the minor is required to be deducted against PAN of the minor child– incase both the parents of minor are dead

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It has been brought to the notice of CBDT that in cases of minors whose both the parents have deceased, TDS deductors/ Banks are clubbing the interest income accrued to… Read more »