News
Employee’s share of EPF deposited after due date but before due date u/s 139 allowed as deduction – 36(1)(va) | A controversial topic
ESI and PF are statutory liability of an employer if it crosses a certain number of employees as mentioned in...
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Deduction partner remuneration while declaring income under Presumptive taxation scheme
Under Income Tax act, a few sections have been added which are known as presumptive taxation section and it includes...
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ICAI’s new revamped website !!!
The Institute of Chartered Accountants of India (ICAI) is the national professional accounting body of India. It was established on...
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GST rate under composition scheme for supply of both goods and service together- Karnataka AAR
Applicant is engaged in supply of goods and renting of immovable property. He states that he is eligible for composition...
Read moreInterest on savings bank, PPF and personal loan will be a part of aggregate turnover under GST and considered for limit of registration – Gujarat AAR
Recently we came across various Advance ruling under GST from different advance ruling authority some of which were supported by...
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Now you cannot generate ITR Acknowledgement/ ITR-V until you e-verify your return or send it to CPC Bangalore | New update to ITR V
As we know ITR for FY. 2019-20 were released. Also ITR 1 and ITR 4 are now available for filing...
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Now generate upto 300 UDIN for different types of certificates in one go | Bulk UDIN generation
As we know during the audit season people CA's are required to generate multiple UDIN and hence generating separate UDIN...
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Why is GST rate of parota/ paratha different from roti? Read this to understand the actual advance ruling.
As we know there is various confusion going on and many people are confused as to why parotha/ paratha and...
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Interest on late payment of TDS for 4th quarter of FY 2019-20 | Read this and you could save 1 month interest on late payment of interest
As we know because of lockdown all the business and banks were closed and many places are still not fully...
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CBIC launches E-offices for GST and custom offices | Will it affect normal taxpayers?
CBIC on monday i.e. 15.06.2020 launched its E-office application in over 500 CGST and custom offices. However do remember that...
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Faceless scrutiny under Customs | Turant Customs
After Income tax now Customs have also started faceless assessment of cases. They were already running this in a pilot...
Read moreOPT-OUT Facility provided to students by ICAI during Covid situation
IMPORTANT ANNOUNCEMENT During last few days, we have received mixed expression of opinions, views and requests from students, both relating...
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No extension of due date for payment of Advance Tax | Due date for 1st installment 15th June
As we know people who have tax liability of more than Rs. 10,000 during a year have to pay advance...
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Cost inflation index to calculate capital gain in FY 2020-21
Cost inflation index in Income Tax is used to give inflation effect to cost for long term capital asset purchased...
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Great Relief !! Waiver of late fees of Nil GSTR 3B and maximum cap of Rs. 500 in other cases and more benefits | Highlights 40th GST council meeting
During this time of pandemic government was taking various steps to provide some relief to the common, many of which...
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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
- 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?
- Statutory Audit of Cash and Cash Equivalents in Indian Companies [Company Law]
- Statutory Audit of Trade Receivables in Indian Companies [Company law]
- Statutory Compliance Calendar for February 2025 | Income tax, GST and various other laws
- Budget 2025 updates | Income tax and GST updates
- Assessee receiving message for 80GGC donation for AY 2022-23 from Income tax department
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