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ITC on inputs used in manufacturing expired cakes & pastries is not admissible and required to be reversed: Gujarat AAR
In Conspectus of aforementioned findings, we hold that subject matter is covered under section 17(5) (h) of CGST Act and...
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CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment
Recently we have seen that the central government has been drastically reducing it's stake in various public sector company and...
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Know all about Account Aggregator Network- a financial data-sharing system
An Account Aggregator (AA) is a type of RBI regulated entity (with an NBFC-AA license) that helps an individual securely...
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Important announcement for CA final and intermediate students who were converted from old to new scheme
Thereafter, the last attempt to appear in CA Final and Intermediate Old Course examination was extended to November, 2021 examination...
Read moreICAI announces date for CA final and Foundation result July 2021
The results of the Chartered Accountants Final Examination(Old course & New Course) and Foundation Examination held in July 2021 are...
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Government has approved Production Linked Incentive (PLI) Scheme for Textiles
There are two types of investment possible with different set of incentive structure. Any person, (which includes firm / company)...
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[Breaking News] Income tax return and Tax audit due date extended by Income tax department for AY 2021-22
The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July, 2021 under...
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Updates on the new e-Filing portal of the Income Tax Department
The Income Tax Return (ITR) filing has increased to 3.2 lakh daily in September, 2021 and 1.19 crore ITRs for...
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CBDT allows taxpayers an opportunity to file application for settlement under the Income tax Act
In order to provide relief to the taxpayers who were eligible to file application as on 31.01.2021, but could not...
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CBDT eases authentication of electronic records by EVC or digital signature, submitted in faceless assessment proceedings
Hence, the persons who are mandatorily required to authenticate electronic records by digital signature shall be deemed to have authenticated...
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Clarification regarding extension of time limit to apply for revocation of cancellation of registration in view of Notification No. 34/2021
The said notification specifies that where the due date of filing of application for revocation of cancellation of registration falls...
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Are you a salaried employee and also earning income from trading in stock market? Confused as to which ITR to file !! Read this
The second most common question is whether to show such income in the same return with salary income or separate...
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Tax Lead- Direct and Indirect Tax in Indian Start-up (Share Chat) | Jobs for Experienced Chartered Accountants | CAjob vacancy
ShareChat is an Indian social media and social networking service, developed by Bangalore-based Mohalla Tech Pvt Ltd. Qualification: Chartered Accountant...
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Income tax department raising demand for late fees in intimation u/s 143(1) in case of revised return filed for AY 2021-22
People have been receiving intimation/ income tax notice under section 143(1) stating that there is a demand of Rs. 10,000...
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Various Apparent issues in ITR 3 for AY 2021-22
Simple ITR 3 Returns for FY 2021-22 filed through software. Such returns are getting filed through DSC but Aadhaar OTP...
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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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