Income tax due date extension- FY 2020-21

Please find the below press note released on 11th January 2021:






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Form 15CA in excel format

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On 14th June, 2021 the CBDT has provided relaxation regarding submission of form 15CA & 15CB in manual format to authorised dealer till 30th June, 2021. In this reference, we are providing herewith copy of Form 15CA in Excel Format for making compliance easier. You can download the same by clicking the below given link: Form 15CA in Excel Format:  Click here Form 15CA in PDF as per ITD:  Click here Also, below is the link of our earlier article wherein we have provided update regarding the details of Press Relaese whereby such relaxation is provided: Press release details:  Click here If you have any query related to the article please reach us via mail:-mrinkblog@gmail.com  Advisory: Information relates to the law prevailing in the year of publication as indicated. The above article is only to enable public to have a quick and an easy understanding. Viewers are advised to ascertain the correct position/prevailing law before relying upon any document.
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Delhi Tribunal – Giesecke & Devrient (India) Pvt Ltd. Vs. Addl. CIT (ITA No. 7075/Del/2017)

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Recently, the Hon'ble Delhi ITAT has ruled in favor of the assessee by allowing the ground that tax treaty rate to be applied over dividend distribution tax rate. The ruling has been held on the basis of considering the concept of "substance over the form". Following are the synopsis of the said ruling of the Hon'ble Delhi ITAT in case of  Giesecke & Devrient (India) Pvt Ltd. Vs. Addl. CIT (ITA No. 7075/Del/2017). Matter of the case :   Applicability of Tax treaty benefits on DDT in case of dividend distributed to foreign shareholders. Additional ground raised before ITAT : Seeking refund for DDT paid in excess of applicable tax rate prescribed as per tax treaty between India and Germany Extract of the Rulin g in the above context :   “…the liability to DDT under the Act which falls on the company may not be relevant when considering applicability of rates of dividend tax set out in the tax treaties. The generally accepted principles relating to interpretation of...
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PLI Scheme for textile industry

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