March 2022 – Sony C L

Late fees for Delayed/Non linking of PAN with Aadhaar

March 31, 2022 CA. SONY C. L. B.Sc.,LL.B.,FCA,DISA,DITL (ICAI) Income Tax

CBDT vide notification Number 17/2022 Dated 29-03-2022 has notified late fee for Delayed/Non linking of PAN with Aadhaar. The due date for such linking is 31-03-2022 and if a person intimates his Aadhaar number after the due date, then he shall be liable to pay a fee of: Rs. 500, if such intimation is made…

Condonation of Delay – Filing Form 10-IC For A Y 2020-21

March 19, 2022 CA. SONY C. L. B.Sc.,LL.B.,FCA,DISA,DITL (ICAI) Income Tax

CBDT vide Circular No 6/2022 Dated 17th March 2022 has decided to Condone the delay in Filing form 10-IC for the AY 2020-21 (First Year of Filing of this Form.) As per Section 115BAA a Domestic Company has an option to pay tax at a concessional Rate of 22% subject to satisfaction of certain condition….

Month: March 2022