News
Calculation sheet for comparison of tax payable under new and old tax regime for individual and HUF – 115BAC
As soon as new tax regime was announced in Finance Bill, 2020 people became curious and started calling their consultants...
Read more
No CSR benefit for contribution to CM cares fund – MCA
Amid this lockdown every one is doing their bit by contributing to the PM cares fund and helping the government...
Read more
A person can keep 2 house as self occupied property – Some issues.
Before Finance bill, 2019 a person could keep only one house as self occupied property and need to pay deemed...
Read more
Employee contribution to PM cares fund via employer
In this time of lockdown and when whole country is fighting against Corona virus government started PM cares fund and...
Read more
No custom duty on ventilators, face mask etc
Amid corona virus pandemic, ministry of finance has taken one more step to make the fight against corona virus easy...
Read more
Clarification issued by CBDT regarding extension of validity of lower/ Nil deduction certificate
CBDT had issued various relaxation u/s 119 of the Income tax act wherein it was mentioned that those who have...
Read more
All About Deduction of housing loan Interest u/s 24(b) of the Income tax Act
Purchasing a house is one of the major investment by anyone during his life time and recently Ministry of Finance...
Read more
Who can sign/ e verify your Income tax return?
During previous year i.e. FY 2019-20 more than 6.5 crore Income tax returns were filed in India which includes all...
Read more
Relaxation of requirement of Form 15G and 15H till 30.06.2020
After providing relief from applying for lower and nil deduction certificate till 30.06.2020, ministry of finance have now provided relief...
Read more
IT Department to release all pending income tax refunds up to Rs 5 lakhs immediately
In the context of the COVID-19 situation and with a view to provide immediate relief to the business entities and...
Read more
Salary/ remuneration paid to directors also liable for GST under Reverse charge – Advance ruling Rajasthan
In a recent Advance ruling by Rajasthan Authority for advance ruling it was decided that consideration paid to the directors...
Read more
Due date for payment of TDS and filing of TDS statement | Extension of TDS return due date amid quarantine?
TDS means Tax deducted at source. The concept of TDS in income tax act was introduced with an aim to...
Read moreIs there any penalty for non filing of Nil TDS return? Requirement for filing Nil TDS return.
TDS means Tax deducted at source. The concept of TDS in income tax act was introduced with an aim to...
Read more
Who needs to file Income tax return in electronic form and who needs to sign it using digital signature
As per Income tax act each individual whose total income is in excess of Rs. 2.5 lakh during an year...
Read more
Donation by companies to PM cares fund tax deductible? Major amendment by Finance Bill, 2020 to section 115BAA and 115BAB
Section 115BAA and 115BAB to provide corporate tax rate relief to new manufacturing companies and existing companies. At the time...
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 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
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
