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Press Releases

Proposal on self-reporting of income estimates may be axed

Extra burden on account of interest for default/deferment of advance tax can be avoided.

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FINANCE MINISTRY MAY DROP PROPOSAL ON SELF-REPORTING OF INCOME ESTIMATES

The proposed reporting mechanism for companies and tax audit assessees was sought to be created by way of inserting a new Rule 39A and Form No 28AA in the Income-tax Rules, 1962.

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Govt may drop proposal on self-reporting of income estimates - DailyExcelSior

The Government may drop the proposal to create a self-reporting mechanism for income estimates

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Govt may drop proposal on self-reporting of income estimates - NewsOlive

The concept 39A was positioned at those payers in whose calculation of income and cost of advance levy were lesser than that for the related period

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GOVT MAY DROP PROPOSAL ON SELF-REPORTING OF INCOME ESTIMATES - GSTN

The government may drop the proposal to create a self-reporting mechanism for income estimates, tax payments and advance tax liability by certain taxpayers

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Govt may drop proposal on self-reporting of income estimates - Moneycontrol

The government may drop the proposal to create a self-reporting mechanism for income estimates, tax payments and advance tax liability.

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Govt may drop proposal on self-reporting of income estimates - Times of India

An expert said that in view of the comments received on the proposal, the finance ministry may not be keen to go ahead with introduction of Rule 39A.

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Govt may drop proposal on self-reporting of income estimates, tax payments - Livemint

The proposed reporting mechanism for companies and tax audit assessees was sought to be created by way of inserting a new Rule 39A and Form No 28AA in the Income-tax Rules, 1962.

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Government may drop proposal on self-reporting of income estimates - Economic Times

The government may drop the proposal to create a self-reporting mechanism for income estimates, tax payments and advance tax liability by certain taxpayers.

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Confusion Reigns on GSTR-1 Filing Deadline

No extension of Jan 10 deadline, says govt; technical glitches dog online tax filers

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