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An individual or entity could have been issue with duplicate PAN cards due to an administrative error or if he applied multiple times and received a PAN card each time. As it is illegal to have more than one PAN card at a time, the duplicates have to be surrendered.
Surrendering a duplicate PAN card can be done both online as well as offline.
In the previous e-filing regime, the CA would separately upload 15CB. In the new e-filing regime, it is an integrated workflow. Taxpayer files 15CA and assigns to CA. The CA will then see in his worklist as 15CB pending with prefilled data. CA will fill 15CB and submit back to taxpayer. The taxpayer will then accept the 15CB, as prepared by the CA, in his worklist and download the same.
In the Budget 2021-22 which came on 01.02.2021, a new section 194Q introduced in the The Finance Bill, 2021.After section 194P of the Income-tax Act, section 194Q is inserted with effect from 1st day of July, 2021.
This article is for better understanding of Treatment of Income from Sales of shares or other securities. Here I am explaining about the possibilities one can treat the income from sale of shares and what are the benefits of it
If you are planning to make an investment in mutual funds, without taking tax in into consideration, you are making a mistake.
The government had earlier in May extended various due dates for filing ITRs for FY2019-20 from July 31 to November 30.
