News
Income Tax Department conducts searches in Rajasthan
The trail of receipt of cash component on unaccounted sale of goods has also been found. In the case of...
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Input Tax credit limit restricted to the ITC available in GSTR 2A from earlier additional ITC of 5% over and above ITC in GSTR 2A
According to above amendment one more condition has been added to section 16 of CGST act, which deals with Input...
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ICAI January 2022 convocation updates
Due to unavoidable circumstances, the dates of Convocation 2021-22 at Jaipur Centre have been preponed to 16th and 17th January,...
Read moreOfficers Of Directorate General Of GST Intelligence (DGGI), Ahmedabad With The Support Of Officers Of Local Central GST Initiated Search Operations In Kanpur
In the premises of the transporter, M/s Ganpati Road Carriers, more than 200 fake invoices used in the past for transportation of...
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Mandatory Aadhaar authentication for person Registered under GST
In the said rule, it is mandatory for the registered person to undergo Aadhaar authentication for the below purposes, Filing...
Read moreIncome Tax Department conducts searches in Tamil Nadu
During the course of the search operations, a remotely located cloud server containing parallel set of books of account secretly...
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Finance Minister Smt. Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2022-23
The stakeholder groups made several suggestions on various issues that included increased R&D spending, infrastructure status for digital services, incentives...
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E-commerce Operator (Zomato, Swiggy) are liable to pay GST under reverse charge on restaurant service provided through their platform u/s 9(5)
ECOs are not the recipient of restaurant service supplied through them. Since these are not input services to ECO, these...
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3.59 crore Income Tax Returns filed on the new e-filing portal of the Income Tax Department
Out of the 3.59 crore ITRs filed for AY 2021-22, 57.6% are ITR1 (2.07 crore), 8.3% is ITR2 (29.70 lakh),...
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Delhi high court quashes reassessment cases initiated under section 148 after 01.04.2021 in 1346 cases [Read order]
Keeping in view the aforesaid conclusions, Explanations A(a)(ii)/A(b) to the Notifications dated 31st March, 2021 and 27th April, 2021 are...
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Advance Tax collections for the F.Y. 2021-22 (Till 3rd Installment) stand at Rs. 4,59,917.10 which shows a growth of approximately 53.50%
Net Direct Tax collections for the F.Y. 2021-22 grown at robust pace at more than 60%
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CBDT introduces a scheme for faceless collection of information under section 135A of the I.T. Act in relation to section 133, 133B, 133C, 134, 135
(1) The scope of the Scheme shall be in respect of: (i) calling for information under section 133 of the...
Read moreIncome Tax Department conducts searches in Mumbai
One of the ARCs was found to be maintaining a parallel set of accounts on Tally accounting software, in a...
Read moreEmpanelment of Chartered Accountant firms/LLPs for the year 2022-2023 with C&AG
Online application form along with detailed instructions in this regard will be available on the website www.cag.gov.in from 1 January...
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More than 3 crore Income Tax Returns filed on the new e-Filing portal of the Income Tax Department | Taxpayers are advised to file the return at the earliest if they still haven’t filed it
The number of ITRs filed per day is over 4 lakh and increasing everyday as the extended due date of...
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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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