The Employees’ Provident Fund Scheme,1952 requires employers of establishments covered under the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 (“the Act”) to file a return of ownership in Form 5A. Form 5A captures details of…

Introduction With the intent to penalise the non-filers of the income tax returns, CBDT introduced new sections, namely, 206AB and 206CCA. Section 206AB (Clause 51 of Finance Bill 2021) Any person who is liable to…