CBDT explains Scope of ‘Limited Scrutiny Cases selected under CASS where issues referred by Law-Enforcement/Intelligence etc [Read Circular]

The Central Board of Direct Taxes ( CBDT ) has explained the scope of limited scrutiny cases selected under CASS cycles 2017 and 2018 where the..

DEDUCTIONS

Income Tax Notice under different Section with explanation

Income Tax Notice under Section 142(1) – Inquiry before assessment Notice under Section 142(1) is usually served to call upon documents and details from the tax..

Cost of Inflation Index for FY 2018-19 / AY 2019-20 or CII with the base year 2001-02

As per Notification no. So 1790(e)[no. 44/2017 (f. No. 370142/11/2017-tpl)], dated 5-6-2017, following table should be used for the Cost Inflation Index :- SI. No. Financial..

Due Dates for Filling of Income Tax Return F.Y. 2017-18 relevant A.Y. 2018-19

Due Dates of filing return of Income The due dates for filing return of income have been provided in explanation 2 of section 139(1) which are..

Significant Changes in Income Tax Provisions by the Finance Act, 2018 For FY 2017-18 and 2018-19 for SME Businesses

Significant Changes in Income Tax Provisions by the Finance Act, 2018 For FY 2017-18 and 2018-19 for SME Businesses New changes in the Income Tax Law..