kkc & associates llp formerly Khimji Kunverji & Co LLP Chartered Accountants was established in 1936 in Mumbai and spread its wings in Bangalore,Pune &Ahmedabad
Despite "Faceless" reform,physical follow-ups for rectifications remain the norm. S 154(8) mandates a 6-month disposal, yet delays persist.A detailed critique on how the @IncomeTaxIndia can use its new digital portal for a centralized performance audit. https://t.co/LOKxusG1IL
Thank you @nsitharaman@IncomeTaxIndia for enabling online filing of rectification application to AO through IT Portal AND for granting CIT CPC concurrent power for rectification.This powerful combination should significantly reduce work burden for both taxpayers & the Tax Admin!
@FinMinIndia@nsitharaman@IncomeTaxIndia-Insight notice for variation between AIS & ITR filed. No option on Compliance portal to give feedback “Income offered under different head of income” for eg Directors fees TDS deducted u/s 194J but shown under income from other sources.