News
Net Direct Tax collections for the F.Y. 2021-22 at Rs. 13,63,038 crore showing a growth of over 48.4% | More than collection in last many years
The gross collection of Rs. 15,50,364.2 crore includes Corporation Tax (CIT) at Rs. 8,36,838.2 crore and Personal Income Tax (PIT) including Security Transaction...
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[Breaking news] CBDT has allowed Condonation in filing of Form 10-IC for section 115BAA for Assessment Year 2020-21
Hence, the extended due date for filing Form 10-IC is 30.06.2022, however it is important to note that as of...
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CBDT issues circular with instructions/ FAQ on deduction of TDS on salary income under section 192 for FY 2021-22
CBDT has issued circular 04/2022 for FY 2021-22 on 15.03.2022 and in this circular, it has discussed various aspects of...
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Re-schedulement of Foundation Course Examination, May 2022
The Institute vide its Announcement No. 13-CA (Exams)/M/2022 dated 21st January 2022 announced the schedule of Chartered Accountants May 2022...
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People receiving messages from Income tax department about some significant financial transaction being reported? What is it?
Attention XXXXX (PAN XXXXX0000X ) Income Tax Department has received information about certain significant financial transactions relating to FY 2021-22...
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What is advance tax and who needs to pay it? Advance tax on income from stock market | 4th Installment due on 15th March
Each and every person whose tax liability during the year is above ₹ 10,000 (as per Section 208 of Income...
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RBI takes action against Paytm Payments bank and stops Paytm from onboarding of new customers
Reserve Bank of India has today, in exercise of its powers, inter alia, under section 35A of the Banking Regulation...
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CGST Delhi officials bust a syndicate of 7 firms in GST evasion of more than Rs 85 crore
It was evident that Shri Rakesh Kumar Jain was using multiple firms to avail and pass on fake ITC on...
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Now Google Location needs to be provided at time of GST registration | Enhanced Registration application user interface
User Interface (UI) with respect to the address fields in the Registration Application GST REG-01 has been enhanced as follows:-...
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Empanelment of Chartered Accountant/Cost Accountant with Rajasthan SGST for Audit U/S 66 of the Act, 2017 till 13.04.2022
In the aforementioned subject, attention of Chartered Accountants/Cost Accountants is invited for audit of the Assesses U/s 66 of RGST...
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Instructions for filing Form 15E online for certificates under section 195(2) and 195(7) of the Income Tax Act
it has been decided that no such request for issue of the certificates for a particular financial year shall be...
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Instructions to fill the Excel file for Bulk UDIN Update on e-filing website
Login to e-Filing Portal and then select the e-File menu Click on View/Update UDIN Details menu option Click on Bulk...
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Auto-population of e-invoice details into GSTR-1
Generation of e-invoice is mandatory for certain class of taxpayers, as notified by the Government. These taxpayers are required to...
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Freebies given to doctors by Pharmaceutical companies cannot be claimed as expense under section 37 of Income tax act: Supreme Court of India
The conceded participation of the assessee- i.e., the provider or donor- was plainly prohibited, as far as their receipt by...
Read moreClarification with regard to Chartered Accountants in Practice/Firms of Chartered Accountants registering themselves on GeM (Government e- marketplace) Portal
It is hereby clarified that the Chartered Accountants in Practice/Firms of chartered accountants are permitted to register on GeM Portal...
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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
- Taxation and Income tax return of Foreign Companies Earning Income from India under special rates
- Income Tax Department’s NUDGE Initiative 2025-26: A Clear Warning for Taxpayers to Ensure Accurate Reporting
- Notice from Income tax department e-verification cell for non-filing ITR. How to respond
- Default under TDS for 20% TDS or short deduction? Here is a relief from non-linking of Aadhar-PAN
- Received Notice Under Section 143(2) of Income Tax Act? Here’s Why You Got It and How to Tackle It Effectively?
- 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?
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