The last date for filing of ITR is being extended till 5th August 2017, by Income tax department of India
Under The GST, the biggest tax reform in India’s history will require firms to file three online returns each month. Some business lobby groups have urged a delay to the rollout to allow more time to get ready.
The government relaxed the filing dates it will allow companies to file late returns for the first two months so that they can adapt to a new online filing system.
The GST Council considered the revision of tax on hotel rooms and decided that while those in the range of Rs 2,000-Rs 7,500 a day tariff would face 18 per cent tax, rooms with daily tariff above Rs 7,500 would be taxed at 28 per cent. Restaurant service in 5-star hotels would attract 18 per cent tax.
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An employer is obliged to make the payment of tax deducted from the salary of an employee and he is obliged to file a TDS statement in Form 24Q giving the complete details of the employee including PAN of the employee. Once the TDS statement is processed and accepted by the TDS department, the amount of TDS is reflected in the Form 26AS of the employee. When the Employer fails to give form 16, a complaint can be lodged with the Commissioner of IT.