TCS on foreign travel
Till now there was no compulsory requirement to mention the foreign tour. It was optional to mention the amount spent...
Thursday, June 26, 2025
Get Instant PAN card with zero fees in 5 steps
Earlier we all used to apply for PAN card by filling a Form 49A and it would take around a...
Deduction u/s 80E for education loan
Recently in India people are travelling abroad for higher education like MBA or masters in computer science and everyone cannot...
Non residents are not required to fill schedule FA in Income tax return
As per the Income tax Act Non resident and Resident but not ordinary resident also need to file their return...
What are the changes made for Startup in India by Budget 2020
The budget for F.Y. 2020-21 was announced on 01.02.2020 by Mrs. Nirmala Sitharaman. In this budget there were two main...
NRI needs to pay tax on global income in India? (Important updates for NRI in Budget 2020)
Budget 2020 was announced on 01.02.2020 by our Finance Minister Nirmala Sitharaman wherein many amendments have been made and all...
Transaction Limit of loan u/s 269SS and 269T reduced to Rs. 10,000?
Recently all of us have come across an extra ordinary notification wherein it is being circulated that limit for section...
Pre Budget Memorandum by BCAS – 2020
Budget 2020 is round the corner and so earlier we had discussed Pre budget Memorandum of ICAI. In this post...
Complete your compliance u/s 269SU on e filing website till 31.01.2020 or pay Rs. 5000/ day penalty
Section 269SU was introduced by Finance Act, 2019 w.e.f. 01.11.2019 wherein it was mentioned that:"Every person, carrying on business, shall...
How should a CA certify ITR V for loan purpose?
In a recent FAQ released by ICAI regarding UDIN we had seen that it was mentioned by ICAI that a...
E-assessment vs. Faceless Scrutiny in Income Tax
In this post we are going to discuss the various differences which we have faced in faceless scrutiny as compared...
Tax audit u/s 44AB to be scrapped?
Budget 2019 was announced in two parts last year as there was election. Last year major amendments were made to...
Get ready for some surprise from Income Tax Department (More search and survey)
Since the new year has started and a quarter end the CBDT is below its target and as always there...
Which income can be taxed as income from house property?
In this post we are going to discuss what types of rent income would be included under the head Income...
CBDT issues circular for detailed explanation on TDS deduction u/s 192 of the Income tax act
CBDT has vide circular 04/2020 made a detailed explanation on TDS deduction on salary u/s 192 of the Income tax...
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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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