Cost inflation index (CII) for FY 2024-25 to calculate capital gain announced by Income tax Department
Cost inflation index (CII) is used in Income Tax to give inflation effect to cost for long term capital asset ...
Sunday, December 22, 2024
Month: May 2024
Capital gain on debt mutual fund or MLD will be always short-term capital gain from AY 2024-25
According to the provision of Act and debt oriented mutual fund purchased after 01.04.2023 or market linked debentures will always ...
Interest free or lower interest loan given by Employer to employee will be considered as perquisite [Read order]
The benefit enjoyed by bank employees from interest-free loans or loans at a concessional rate is a unique benefit/advantage enjoyed ...
Do you have to file income tax return if you are earning income through affiliate marketing or referral business
When one shows this income as business income they cannot offer this income under 44AD, as 44AD does not allow ...
CBDT releases new functionality in AIS for taxpayers to check the status of feedback in realtime
This new functionality is expected to increase transparency by displaying such information in AIS to the taxpayer. This is another ...
How to check whether an individual is a resident or non-resident in India as per Income tax act?
Section 6 deals with deciding on the residency of a person under Income tax act. In this article we shall ...
Statutory Compliance Calendar for May 2024 | Income tax, GST and various other laws
Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of May 2024.
No income tax upto 750000 or more under New Tax regime from AY 2024-25 onwards [Rebate u/s 87A]
Thus, a person could earn around 770000 under new tax regime and could end up paying only Rs.20800 in tax ...
Applicants of MEF 2023-24- Additional information Form
Last date for submission of the additional information is 7th MAY, 2024.
GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore
The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents ...
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GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
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How to pay Membership and COP fees of ICAI for 2020-21 |
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Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
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Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
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SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Statutory Compliance Calendar for December 2024 | Income tax, GST and various other laws
- Statutory Audit of Other Non-Current Assets [Company Law]
- Extension of due date for furnishing return of income from 30.11.2024 to 15.12.2024
- PAN 2.0: A Digital Leap in Taxpayer Services
- Statutory Audit of Long-Term Loans and Advances [Company law]
- Condonation of delay for Form 9A/10/10B/10BB for AY 2018-19 and subsequent years
- Statutory Audit of Non-Current Investments in Indian Companies [Company Law]
- Statutory Audit of Intangible Assets Under Development in Indian Companies [Company Law]
- FAQ issued by CBDT on Vivad se Vishwas Scheme, 2024 [Read circular]
- CBDT extends due date for filing Income tax return for AY 2024-25 till 15th November 2024
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