News
New Form 10A released for registration/ re-registration of Trust u/s 12AB of the Income tax act from 01.04.2021
Section 12AB was introduced by Finance Act, 2020 and was supposed to be applicable from 01.06.2020 which was later extended till...
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CBDT extends date of application for clause 30C and 44 till 31.03.2022 in Tax audit report
"Section 44AB of the Income-tax Act, 1961 ('the Act') read with rule 6G of the Income-tax Rules, 1962 ('the Rules')...
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Not linking Aadhar with PAN till 31.03.2021 can cost you a penalty of upto Rs. 1,000: Section 234H
Due date for linking of Aadhar with PAN is being extended for last 3-4 years and as of now the...
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MCA Update: Now companies can use only such software which has feature of showing audit trail
MCA has vide notification Dt. 24.03.2021 amended rules for companies relating to maintenance of books of accounts which is as...
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Now CA can get details of forms which have not been validated on e-filing website till 10.03.2021 in their UDIN website profile | Due date 31.03.2021
UDIN was a system generated so that only authenticate Chartered Accountants can certify and issue various certificates. Earlier a Chartered...
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[Breaking news] Supreme court Verdict on loan moratorium case | No interest on interest | No extension of loan moratorium period
The Supreme Court on Tuesday rejected the pleas from various trade associations and corporate bodies to extend the six-month loan...
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Important Due dates ending on 31.03.2021
Financial year 2020-21 is going to end and there are various due dates/ events which will come to an end...
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ITAT Tax bar association writes letter to Prime Minister to reconsider the decision of making ITAT faceless
Federation of ITAT Bar Associations (Federation), an umbrella association of Income Tax Appellate Tribunal Bar Associations of the country has...
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Guidance note on Bank Audit issued by ICAI – 2021 Edition
Every year empanelment is done by RBI in association with ICAI for conducting statutory audit of Banks. This year also...
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CBIC issues Press note on officers sending messages to Taxpayers for paying higher tax to meet targets
CBIC has in their Press release mentioned that there are unconfirmed reports in media that GST officers are using unauthorised...
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Foreign Tax Paid Allowed as Deduction Even if Income not Taxable in India – Case law
Tata Consultancy Services Ltd. v. Additional Commissioner of Income Tax, LTU-1, Mumbai (ITA No. 3262/MUM/2017 Dt. 11.11.2020) Facts: The assessee,...
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Important GST update related to GST refund application
GST refund related update: IFSC of 8 bank are changed due to merger. Taxpayers may update their Bank Account details...
Read moreResult date for CA Final and Foundation exam held in January 2021 announced
IMPORTANT ANNOUNCEMENT The results of the Chartered Accountants Final Examination(Old course & New Course) and Foundation Examination held in January...
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Receiving messages from Income tax department for High Value Transaction | Now GSTR 1 data available on compliance portal
Compliance portal was launched around 2-3 years back and assessee used to receive various notices on compliance portal. In the...
Read moreImportant announcement for May 2021 exam for students who opted out of November 2020 exam
In a recent notification ICAI has mentioned that candidates under CA Foundation, Intermediate (IPC) (old course), Intermediate (New course), Final...
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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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