Forms 10-IC, 10-ID now available on e-filing website | What is Form 10-IC, 10-ID? Link with 115BAA and 115BAB
Our Finance Minister in September 2019 had announced concessional tax rate for domestic companies at effective tax rate of 25.17%...
Saturday, June 28, 2025
TDS cannot be deducted u/s 194N if the amount is not considered as income of assessee: Madras High Court
From the time section 194N was introduced in Budget 2019, there has been a continuous debate as to whether the...
ITR 7 is now available on e filing website | Who can file it?
Income Tax return for FY 2019-20 were announced, however till date only ITR 1 to 5 were available for filing....
ITR 5 is now available on e filing website | Who can file it? What are the latest changes in ITR 5
Income Tax return for FY 2019-20 were announced, however till date only ITR 1, 2, 3 and 4 were available...
ICAI guidance note on Report u/s 92E of the Income Tax Act
As per the Income Tax Act, section 92E covers the following transaction on which a Chartered Accountant needs to prepare...
Conditions and guidelines for exemption of income earned by pension funds
Section 10(23FE) was inserted by Finance Act, 2020 w.e.f. 01.04.2021 wherein any income earned by specified person in the nature...
Liaison office cannot be considered as PE of foreign company in India – Supreme court
In Union of India V. UAE exchange center (116 taxmann.com 379) it was held by Supreme court that Services provided...
Are you a salaried employee and doing trading in stock market? Confused as to which ITR to file !! Read this
Nowadays, many people have started investing in stock market to earn some passive income. Especially a boost could be seen...
Verify your earlier years defective Income tax return and remove the defect | One time relaxation till 30.09.2020
Many a times people just file the return themselves online or using some online tool and are not aware that...
Hotel bill above Rs. 20,000 | Purchase of jewellery, white goods above Rs. 1 lakh will be reported | SFT scope increased
Recently, government has been taking various steps to make things more digital, transparent and inter connected. One step in that...
PM Modi launched platform for Transparent Taxation – Honoring the honest | Tax Payer Charter Launched
PM Modi said in his speech that they will increase the amount of faceless scrutiny and the algorithm for allotting...
Prime Minister to launch platform for Transparent taxation – Honoring the honest
PMO (Prime minister Officer) has released a press release today, stating that Prime Minister will launch a portal for honest...
Received Compliance notice for doing High value Share transaction
As we know the compliance portal has started working very effectively and is sending notice for any type of mismatch,...
Section 148 notice issued in the name of a deceased/ dead person not valid in eyes of law and void
Notice u/s 148 or any further notice issued by Income tax officer in the name of deceased person is bad...
What is presumptive taxation scheme under Income Tax? Difference between 44AD and 44ADA
Presumptive taxation is a scheme provided by Income Tax where in the people are not required to maintain the books...
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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 June 2025 | Income tax, GST and various other laws
- Statutory Compliance Calendar for May 2025 | Income tax, GST and various other laws
- ITAT Mumbai: Capital Gains on Indian Mutual Funds Not Taxable in India for Non-Residents under DTAA [Case law]
- 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
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