Eyes express the real feeling better than touch. touch shows the care better than words. But words, if used properly can wet the eyes and touch the heart. Relationships are not Exams to Pass or Fail and not a Competition to Win or Lose, but it's a Feeling in which you Care for Someone than Yourself. CBDT provides relief to taxpayers who were eligible to file application for settlement as on 31.01.2021 before ITSC, but could not, due to cessation of ITSC vide Finance Act,2021. Such applications can be filed by 30.09.2021 before the Interim Board. Government has amended Income Tax Rules, 1962, to provide that electronic records submitted through registered account of the taxpayers in the Income Tax Department’s portal would be deemed to have been authenticated by the taxpayer by electronic verification code (EVC). MCA: w.e.f. 1/4/2021 new format of Schedule III - Div I, II & III is applicable. Further, note in Instructions to Balance Sheet - point no. (m) wh...
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