Jan 25, 2022 | Income Tax Updates, Updates
The upcoming Budget 2022 may specify certain aspects on the taxation of cryptocurrency. The Government may also bring cryptocurrency transactions under the TDS or TCS provisions. The tax rate could be similar to that on lottery, game shows or puzzles, which may be as...
Jan 21, 2022 | Income Tax Updates, Updates
From FY 2020-21, employer’s contributions in excess of Rs 7.5 lakh to Provident Fund, Superannuation Fund, NPS (retirement funds) would be taxable as income of the employee. Also, the annual accretion such as interest on provident fund balance or dividend...
Dec 15, 2021 | Income Tax Updates, Updates
Income-tax return, tax audit and TP audit Income tax return 31 December 2021* Tax audit report 15 February 2022 Income tax return for tax audit case/companies 15 March 2022* Transfer pricing audit report 31 February 2022 Income tax return for transfer pricing audit...
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