Web11 jan. 2024 · 2024-01-11 Kewal Garg Income Tax, Updates. CBDT further extends due dates for filing of Income Tax Return (ITR)/ Tax Audit Report (TAR)/ Transfer Pricing Report (TPR), in respect of FY 2024-21/ AY 2024-22. This is the third occasion when such timelines have been extended by CBDT due to COVID/ Technical issues. Recently, the … Web26 feb. 2024 · If any taxpayer who is required to get the tax audit done but fails to do so, the least of the following may be levied as a penalty: 0.5% of the total sales, turnover or gross receipts. Rs 1,50,000. However, if there is a reasonable cause of such failure, no penalty … Minimum-100% of the tax leviable in respect of the undisclosed income … Tax liability computed as per normal provisions of the Income-tax Act – … However, if the turnover of the business mentioned above exceeds Rs 2 crores, … You can efile income tax return on your income from salary, house property, … This Article Talks about the forms that are used for section 44AB tax audit report … statutory audit of banks includes quantification of advances, deposits, ... Aditya Birla Sun Life Tax Relief 96 Growth - Latest NAV ₹37.91. Detailed analysis & … Highlights of 46th GST Council Meeting Key matters discussed in the Council …
CBDT finally Extends Due Date of Tax Audit Report and …
Web27 sep. 2024 · North-Block, ITA-II Division New Delhi the 27th September, 2024. Order under Section 119 of the Income-tax Act, 1961. The ‘due-date’ for filing income-tax returns for Assessment-Year 2024-20 is 30.09.2024 for assessees covered under clause( a) of Explanation 2 to sub-section(1) of section 139 of the Income tax Act,1961 (‘Act’).It has … Web1 dag geleden · The task of preparation of a comprehensive All India Model GST Audit Manual (hereinafter called the Model GSTAM/ the Manual) for the Centre and the States was allotted to the Committee of Officers on GST Audit. For this purpose, a sub-committee of officers was constituted to compile existing and desirable audit practices and to draft a … motorradunfall bayern heute
Penalty for Late Filing of Income Tax Return(ITR) 5paisa
Web12 apr. 2024 · In this case, the maximum penalty of Rs5,000 is levied if you file ITR after due date of 31st July 2024 but before 31st December 2024. • There is a special concession for small taxpayers. If total income does not exceed Rs5 lakh, the maximum penalty levied for delay will be limited to Rs1,000 only. Web23 aug. 2024 · The due date for filing ITR by taxpayers not covered under audit was earlier extended to September 30 from July 31, for tax audit cases to November 30, and for transfer pricing cases to December 31. motorradunfall thurgau