Recently CBDT is identifying the filers through Non-filers Monitoring System (NMS) by using Data Analytics and requesting the Non-filers to assess their tax liability for AY 2018-19 and file the Income Tax Returns (ITR) or submit online response within 21 days.
In budget 2017 certain amendments applied for TDS on rent and rates at which TDS on rent is to be deducted. As per Finance Act, 2017, “TDS on Rent” under section 194-IB is liable to be deducted by Individuals or HUFs
After GST roll out in India, under “Make in India” policy, the Indian Government aimed to increase the output and quality of exports from India and gave many tax benefits to exporters.
As the new year is coming around the corner, we @ EZTax.in are equally excited to announce that the Income Tax Filing Software @ our online portal https://eztax.in is now equipped with the AY 2019-20 Questionnaires and Computation Logic.
GST Annual Return Filings Due Date Extended | EZTax.in
Mr. Narendra Modi, PM of India launched a portal to ease of issuing credit to MSME businesses. It was understood that the Loan issuance is one of 12 point program in raising the ease of doing business in India.
Income Escaping Assessment or Re-assessment is a procedure adopted to determine the correctness of the income disclosed by the assessee and tax thereon| EZTax.in
Online Information Database Access and Retrieval services (OIDAR) is a category of services provided through the medium of the internet | GST impact | EZTax.in
Finance Act, 2016 provides for an equalization levy of 6% of the amount of consideration for specified services. Know more on how it impact you ?
ISD is an office of a business which receives tax invoices for input services, distributes available ITC to other branches. know more at blog.eztax.in