News
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
Read more
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...
Read more
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 more
Section 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...
Read more
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...
Read more
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...
Read more
Additional 1.5 lakh deduction on re-paying your Home Loan interest but are you eligible for it?? – Section 80EEA
Finance Minister Nirmala Sitharaman unveiled a budget on 5th July 2019, the first since the Bharatiya Janata Party led by...
Read more
Faceless scrutiny under Income Tax: You won’t know who is your Assessing your scrutiny case
We have been hearing about Faceless scrutiny for many years now and we have also read about it but never...
Read more
Can you claim maintenance charges, rent of furniture or any other expense against Income from House property?
Earning income by Renting out the property is a major source of income for many individuals in India and many...
Read moreGuidelines for manual selection of returns for Complete Scrutiny during the financial-year 2019-20-
The parameters for manual selection of returns for Complete Scrutiny during financial year 2019- 20 are as under.- (i) Cases involving...
Read more
How to calculate turnover in case of intra day and future and option trading for Income Tax purpose?
In the recent times many people have started trading in intra day and future & options and the volume of...
Read more
No Income Tax for income upto Rs. 5 lakh for F.Y. 2019-20?
After the budget announcement was made by Shri Piyush Goyal on 1st February 2019, many people were confused that do...
Read more
GST registration for Freelancers in India.
GST Registration for freelancers in India: Before starting with the tax filing let's first understand who is a freelancer, and...
Read more
Rate of Depreciation as per Income Tax Act:
Depreciation rate used for section 32 of the Income Tax act is as follows: Depreciation in Income tax is to...
Read more-
GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
-
How to pay Membership and COP fees of ICAI for 2020-21 |
-
Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
-
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
-
SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Statutory Compliance Calendar for April 2025 | Income tax, GST and various other laws
- No relief under section 87A for capital gain even after date extended to file revised return for AY 2024-25?
- Statutory Audit of Cash and Cash Equivalents in Indian Companies [Company Law]
- Statutory Audit of Trade Receivables in Indian Companies [Company law]
- Statutory Compliance Calendar for February 2025 | Income tax, GST and various other laws
- Budget 2025 updates | Income tax and GST updates
- Assessee receiving message for 80GGC donation for AY 2022-23 from Income tax department
- 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
TaxOnTips provides you all tax related solutions in easy way and update you with its regular updates & notifications Visit us for details.
We are based in Jaipur, India
