DhanTax Team

Business Compliance Calendar for June, 2022

Corporate Compliance Calendar for June, 2022 Compliance requirement under Income Tax act, 1961   Sl. Compliance Particulars Due Dates 1 Due date of depositing TDS/TCS liabilities under Income Tax Act, 1961 for previous month (May, 2022). 07.06.2022 2 Due date for issue of TDS Certificate for tax deducted under section 194-IB in the month of …

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How to Save Income Tax by buying Electric Vehicle

#Tax Benefit from Electric Vehicle To promote and encourage the use of electric vehicles, Government has introduced a tax benefit to individuals purchasing electric vehicles. Thus, a buyer of Electric Vehicle will get benefit¬† by claiming deduction under section 80EEB of Income Tax Act.   #Who can claim deduction? Deduction under section 80EEB can be …

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