News
RBI charges Rs. 10,000 penalty per ATM on banks if their ATM are out of cash at any time
Cash-out at any ATM of more than ten hours in a month will attract a flat penalty of ₹ 10,000/-...
Read more
Relief in tax payable under MAT provision for entities having advance pricing agreement or secondary adjustment under section 9
As mentioned above, rules were required to be prescribed to provide relief to assessee covered under advance ruling and secondary...
Read more
Krsnaa Diagnostic IPO allotment status and capital gain tax on selling shares in IPO allotment | Capital gain on IPO
Krsnaa Diagnostics IPO Subscription Status (Bidding Detail) The Krsnaa Diagnostics IPO is subscribed 64.38x times on Aug 6, 2021. The...
Read more
MCA introduces new disclosure in Schedule III financial statement related to cryptocurrency and CSR
The Minister stated that the new disclosures with respect to the virtual currency/crypto currency transactions and CSR spending undertaken by...
Read moreDevyani International IPO allotment status and capital gain tax on selling shares in IPO allotment | Capital gain on IPO
Devyani International IPO Subscription Status (Bidding Detail) The Devyani International IPO is subscribed 116.70x times on Aug 6, 2021. The...
Read more
ICAI announces exam schedule for CA examination to be held in December 2021
ICAI has finally announced exam schedule for CA students for Foundation, Intermediate and CA final which will be held in...
Read more
DGFT has again extended due date for update/ modification of IEC to 31.08.2021
DGFT has again announced to extend the due date to modify IEC code to 31.08.2021 from earlier extended due date...
Read more
Income tax e-filing website not working and taxpayer cannot login to the website | Also, faceless proceedings website not working
Till now people were facing issues in filing any Form, not able to login, submitting ITR or e-verifying their Income...
Read moreExtension of time period for admission in Foundation Course | Relaxation for direct entry route students appearing in intermediate
Extension of time period for admission in Foundation Course for appearing in Foundation Examination to be held in December, 2021
Read more
Neeraj Chopra wins First Gold for India in Athletics in Tokyo Olympics 2020 | Let’s see the taxability of various prices/ rewards received by him
Therefore, if we consider these prizes as his only income which comes to around Rs. 11 crore and calculate tax...
Read moreNo tax payable by Abhinav Bindra on rewards received for winning India’s first gold medal at Olympics
Shri Abhinav Bindra is the first person in the history of independent India to have won the Olympic Gold Medal....
Read more
New e-mail id by Income tax department for registering grievance in respect of pending cases under the Faceless Scheme
"In a move aimed to further improve taxpayer services in alignment with the Taxpayers’ Charter, the Income Tax Department creates...
Read moreRolex Rings IPO allotment status and capital gain tax on selling shares in IPO allotment | Capital gain on IPO
Rolex Rings IPO Subscription Status (Bidding Detail) The Rolex Rings IPO is subscribed 130.44x times on Jul 30, 2021 17:01....
Read more
Amendment in Income tax Act related to Vodafone capital gain case to make it prospective | Govt. remove retrospective amendment
Now, vide THE TAXATION LAWS (AMENDMENT) BILL, 2021 being introduced by the Ministry of Finance in Lok Sabha, the Ministry...
Read more
Advisory for Taxpayers regarding Blocking of E-Way Bill (EWB) generation facility resume after 15th August, 2021
Thus, after 15th August 2021, the System will check the status of returns filed in Form GSTR-3B or the statements...
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
- GIFT City Investments and Schedule FA Disclosure
- 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
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
