Which ITR should a company file?

Which ITR should a company file? In India, all companies, irrespective of profit or loss, are expected to file ITR returns. Companies that are dormant and have undertaken no business decisions in a year are still expected to file returns.…

CBDT amends Compliance Check Functionality for Section 206AB & 206CCA

CBDT amends Compliance Check Functionality for Section 206AB & 206CCA The Central Board of Direct Taxes (CBDT) amends Compliance Check Functionality for Section 206AB & 206CCA vide a Circular No. 10/2022 dated 17th May 2022 to determine the non-filers. To…

ITR Forms for the AY 2022-23 or FY 2021-22

┬áITR Forms for the AY 2022-23 or FY 2021-22 The Central Board of Direct Taxes (CBDT) vide a Notification dated 30th March 2022 has notified the Income-tax (Fourth Amendment) Rules, 2022. With this amendment, CBDT notified five income tax return…