News
Due date to link Aadhar card with PAN card extended till 31st December 2019 | Procedure to link PAN with Aadhar
After Aadhar card was launched it was announced that same needs to be linked with PAN card compulsorily, however the...
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Faceless scrutiny in Income Tax is now a reality. New E-assessment procedure started
Hon'ble Finance Minister, while presenting the Budget, 2019, made an announcement in her speech that a new scheme of faceless...
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No liability to pay GST under reverse charge on purchase of goods from unregistered supplier above Rs. 5,000:
Reverse charge mechanism (RCM) is a very common phenomenon in indirect tax and is available from the time of Service...
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Long Term capital gain on listed shares now taxable @10% u/s 112A of the income tax act.
Long term capital gain on sale of listed security shall be Applicable on any sale of listed security after 1.4.2018...
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Received notice/ Intimation u/s 143(1) – Know what does it mean and how to reply?
Whenever we receive any notice from Income Tax department we start worrying even if we hadn’t done anything wrong. In...
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Penalty u/s 234F for late filing of income tax return along with some disadvantages
In this post we will discuss about the various penalties, interest and disadvantages you can face if you file your...
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Interest u/s 234A applicable even if you pay income tax before due date of filing Income tax Return?
As per section 234A of the income tax Act if you have paid tax before the due date of filing...
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Section 115BAB – 15% Tax on newly incorporated manufacturing Companies
On Friday, 20th September, 2019 everyone was ready for some announcement regarding discontinuance of GSTR 9 etc from our Finance...
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Due date for Tax audit for A.Y. 2019-20 extended from 30th September to 31st October
However you still need to pay interest for tax payable after 30th September 2019
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CBDT gives clarification with regard to filing of ITR – 5, 6 and 7.
Question 1: In the Form ITR-6, an unlisted company, other than a start-up, is required to furnish details of shareholding...
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ITR 6 modified just before return filing due date.
The due date for filing return of income is 30th September and CBDT has released new schema for companies in...
Read moreSection 115BAA – 22% Tax on non-manufacturing Companies (Better than normal 25% tax rate)
On Friday, 20th September, 2019 everyone was ready for some announcement regarding discontinuance of GSTR 9 etc from our Finance...
Read moreTax rate of domestic companies slashed/ reduced to 15% and 22% – What’s the truth? – A Summary
On Friday, 20th September, 2019 everyone was ready for some announcement regarding discontinuance of GSTR 9 etc from our Finance...
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ICAI provides one time relaxation – Now UDIN can be generated within 30 days instead of 15 days.
In response to the various representations received from Members at large for inability in generating UDIN due to floods in...
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Know all About Rebate u. s. 87A of the Income Tax Act for FY 2018-19 and FY 2019-20
The basic meaning of rebate u/s 87A is that if your income is below a certain limit as mentioned in...
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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 Audit of Inventories for Indian Companies [Company Law]
- Guidance note 2 issued for Vivad se vishwas Scheme, 2024 [Read circular]
- Due date extended for filing belated, revised return and Vivad se vishwas declaration
- Statutory Audit of Current Investments in Indian Companies [Company Law]
- Recommendations of the 55th Meeting of the GST Council
- 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]
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