Income Tax

Renewal of 12A & 80G

RENEWAL OF 12A & 80G

New Registration Procedure under section 12AB Deferred and Extended to 01st April 2021 from 31st December 2020 The new registration procedure prescribed under section 12AB for Charitable Trusts and other related provisions as introduced by the Finance Act, 2020 has been deferred and extended to April 1, 2021 by the Taxation and Other Laws (Relaxation …

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new form 26as

New Form 26AS

Webcast by PM Modi Dated 13th August 2020 Hon’ble Prime Minister Narendra Modi on August 13, 2020, launched the “Transparent Taxation” platform while announcing multiple reforms to improve Tax compliance, faceless assessment, and ease of filing returns. As part of rehaul, the government has also proposed to reduce the threshold of the various transactions for …

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