CBDT extends timelines to ease compliances in wake of Covid-19

CBDT, in continuation to address hardship being faced by various stakeholders on account of the Covid-19 pandemic, has extended timelines for compliances under the Income Tax Act, 1961 (‘the I. T. Act’) and Prohibition of Benami Property Transaction Act, 1988... Read More →

Posted in Direct Tax |

Weekly Funding Report (06 Sep– 11 Sep 2021)

47 Indian Start-ups raised funding in the second week of September, 41 received a total sum of about $767 million and 6 didn’t disclose the financial details Following are some key Transactions: Cars24 emerged as a leader in the used... Read More →

Posted in Transaction Advisory |

CBDT Extends Due Dates for Filing of Income Tax Returns and Various Reports of Audit for AY 2021-22

In the light of difficulties reported by the taxpayers and other stakeholders in filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income-tax Act, 1961 (‘Act’), CBDT has extended due dates as... Read More →

Posted in Direct Tax |

Weekly Funding Report (30 Aug – 04 September, 2021).

27 Indian Start-ups raised funding in the first week of September, 20 received a total sum of about $106 million and 7 didn’t disclose the financial details Following are some key Transactions Artificial intelligence-based voice startup Skit raised highest funding... Read More →

Posted in Transaction Advisory |

CBDT extends due dates for electronic filings of various forms under Income Tax Act, 1961.

CBDT extends due dates for electronic filings of various forms under Income Tax Act, 1961 CBDT, on account difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under the provisions of the Income Tax Act... Read More →

Posted in Regulatory |