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Govt booster for strategic disinvestment, no gift tax on transfer of shares in PSUs

Govt booster for strategic disinvestment, no gift tax on transfer of shares in PSUs
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.

Resolution professionals can now verify tax returns of bankrupt companies

The Ministry of Finance has amended the Income Tax Rules to allow resolution professionals appointed by the National Company Law Tribunal (NCLT) to verify the tax returns of companies undergoing bankruptcy.The Income-tax (24th Amendment) Rules, .

Resolution professionals could validate tax returns of bankrupt companies

New Tax E-Filing Deadlines in India: Check List to See if it Applies to You

CBDT extends due dates for electronic filing of various forms

CBDT extends due dates for electronic filing of various forms IANS 04 August 2021   The Income Tax Department had mandated electronic filing of certain forms under the provisions of the Income Tax Act, 1961, read with Income Tax Rules, 1962 by taxpayers. But with the electronic system still giving trouble and making it difficult to file returns, the extension has been granted till further improvements are made in the system.   Accordingly, the Quarterly statement in Form No 15CC to be furnished by authorised dealer in respect of remittances made for the quarter ending on June 30, 2021, required to be furnished on or before July 31, 2021, can now be filed on or before August 31.

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