News
Income tax relief announced for Home buyers and developers for value upto Rs. 2 crore – Atmanirbhar Bharat
Our Hon'ble Finance Minister Smt. Nirmala Sitharaman had held a Press conference on 12.11.2020 to announce various schemes under Atma...
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Form 26AS i.e. annual information statement will now include monthly GST turnover for the relevant year
With digital India and making all department's digital it was announced by the government that slowly they will link all...
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GST notification on quarterly GSTR 1, quarterly GSTR 3B is a reality and its various due dates
The below mentioned amendment to GST rules shall come into force from 01.01.2021: Notification 82/2020: Below are the some important...
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Employee opting for new tax regime u/s 115BAC: Here’s what all exemption/ deduction you will have to let go.
Section 115BAC is made applicable from FY 2020-21 i.e. AY 2021-22 which is the current financial year and all employees...
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Here’s how you can get “CA” Sticker for your motor vehicle from the Institute of Chartered Accountants of India (ICAI)
Becoming a Chartered Accountant is a big dream for many people and then using the prefix CA with one's name...
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Instruction for filing of ITR 1 to 7 of FY 2019-20 issued by CBDT
As we know a few months ago CBDT has released ITR 1 to 7 with utility for filing and a...
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CBIC has launched guide book on Faceless Assessment
Following the footsteps of CBDT for Income Tax, CBIC has also launched the faceless assessment scheme under Customs. Earlier the...
Read moreOPT-OUT feature now enabled for students appearing for November 2020 examination by ICAI
Earlier this week Admit card for CA examination to be held for November 2020 examination were made available and now...
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Not able to make payment of TCS on sale of goods u/s 206C(1H) – Bank shows invalid payment
Although Tin - NSDL website had added nature of payment/ code for making payment of TCS under the code 6CR...
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What Blocks Your ITC under GST? All about Section 17(5) CGST Act 2017
Introduction Input Tax Credit under GST is the process of claiming the credit of taxes paid as an input in...
Read moreCode/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
In the morning we had posted an article as people were not able to pay TCS on sale of goods...
Read moreNo challan available for making payment of TCS on sale of goods u/s 206C(1H)
Section 206C(1H) - TCS on sale of goods was introduced in Income tax act by Finance Act, 2020 wherein it...
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Whatsapp get’s green signal from NPCI to go live with Whatsapp Pay | Tough competition for Paytm and Google Pay
Whatsapp has been the most used app and now they have even reported that everyday 100 bn messages are being...
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GSTR – 9 and GSTR – 9C under GST | A brief understanding
1. What is GSTR-9? Ans: GSTR-9 is an annual return under GST. As per Rule 80(1) of CGST Rules, every...
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ITC cannot be disallowed to purchaser if seller has collected tax but not paid to Government – Madras High Court
The judgement was passed in the case of M/s. Sri Ranganathar Valves Private Limited by Madras High court and the...
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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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