News
Relief from penal damages under EPF act for delay in payment of contribution
Due date for depositing EPF contribution was extended to 15.05.2020 for the month of march and today is the last...
Read moreRelaxation in EPF contribution announced during Atmanirbhar Bharat conference on 13.05.20
During this Lockdown situation as we know businesses are not working and everyone is facing issues of cash flow and...
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Retrospective Restoration of Membership / COP 2019-2020 – ICAI
The sudden developments in regard to corona virus pandemic in the country have resulted in an extended lockdown, since 22nd...
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New TDS/ TCS rate applicable from 14.05.2020 to 31.03.2021 after relief announced on 13.05.20
As we know a relief was announced by our Hon'ble FM on 13.05.2020 wherein various direct tax relief was also...
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New Definition for MSME and providing liquidity to MSME – Relief announced on 13.05.2020
As announced by our Hon'ble PM yesterday that Rs. 20 lakh crore has been allotted to help the needy and...
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TDS rate reduction | ITR due date 30.11.2020 for all | Other Direct tax relief – Covid- 19 relief announced on 13.05.2020
The various direct tax relief announced are as under: 1. TDS rate shall be reduced by 25% and this shall...
Read moreICAI issues guidelines on Fees from single client
ICAI has made this announcement on 11.05.2020 relating to an issue raised in revised code of ethics which is as...
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Revised UDIN related queries for Bank Audit – ICAI
As we all know that now the Bank audit's have started and we had discussed various guidelines issued by ICAI...
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Notice received for claiming HRA exemption u/s 10(13A) and deduction 80GG for rent paid simultaneously
One of the major deductions for salaried employee from their salary is HRA i.e. House Rent allowance where the maximum...
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Section 80M – Deduction in respect of certain intercorporate dividends.
As we know Finance Act, 2020 has scrapped Dividend Distribution Tax (DDT) and therefore dividend is now a taxable income....
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Rescue for NRI from higher TDS deduction when no PAN is available u/s 206AA: Rule 37BC
We know that TDS in most cases of payment made to NRI is covered under section 195. Now there are...
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What is the meaning of notice for transfer of rectification rights to Assessing officer
As soon as we receive some communication or notice from Income tax department we start to panic even if we...
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No GST under RCM on salary to executive directors – Karnataka AAR
In a recent Rajasthan AAR it was stated that any kind of consideration paid to directors would be considered as...
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GSTR 3B can now be recitified – Landmark Judgement by Delhi High court
From the time GST was implemented people are not satisfied with the returns available for filing GST information as the...
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Re-registration of already registered institution u/s 10(23C), 12A, 12AA, 35 and 80G deferred to 01.10.2020
As we all know Budget, 2020 in order to increase it's database in relation to trust and to check whether...
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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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