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Expenses allowed as deductions from income from other sources

By Taxwink Team | 18 Jan,2022

Expenses allowed as deductions from income from other sources   Generally, income derived by a taxp....

Tax on Advance forfeited on Property 

By Taxwink Team | 17 Jan,2022

Tax on Advance forfeited on Property    Introduction:  It is quite general in the real....

Income Tax on marriage gifts: Whether Taxable or not?

By Taxwink Team | 17 Jan,2022

Income Tax on marriage gifts: Whether Taxable or not?   Introduction: It is a part of the custom....

Definition of Relatives for the purpose of Income Tax Act, 1961

By Taxwink Team | 13 Jan,2022

Definition of Relatives for the purpose of Income Tax Act, 1961     Who is Relative und....

Tax Audit & ITR date extension Assessment Year 2021-22

By Taxwink Team | 12 Jan,2022

Tax Audit & ITR due dates for Assessment Year 2021-22 extended by CBDT   Tax Audit Due date for....

Relaxation for verification of Income Tax Returns for the Assessment Year 2020-21

By Taxwink Team | 29 Dec,2021

Relaxation for verification of Income Tax Returns for the Assessment Year 2020-21   The good news h....

NO TDS u/s 194-O is required on E-Auction Services

By Taxwink Team | 27 Nov,2021

NO TDS u/s 194-O is required on E-Auction Services   CBDT has issued Circular No. 20/2021- dated 25....

Roll out of new Annual Information Statement (AIS) on Income Tax Compliance Portal

By Taxwink Team | 02 Nov,2021

Roll out of new Annual Information Statement (AIS) on Income Tax Compliance Portal   Finally, the I....

Relaxation in provisions related to section 194A of the Income Tax Act in respect of a member of a Scheduled Tribe

By Taxwink Team | 18 Sep,2021

Relaxation in provisions related to section 194A of the Income Tax Act in respect of a member of a Scheduled T....

Extension of certain deadlines under Income Tax Act- Press Release dated 17th September 2021

By Taxwink Team | 18 Sep,2021

Extension of certain deadlines under Income Tax Act- Press Release dated 17th September 2021  ....

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