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After Income tax now Customs have also started faceless assessment of cases. They were already running this in a pilot...

IMPORTANT ANNOUNCEMENT During last few days, we have received mixed expression of opinions, views and requests from students, both relating...

As we know people who have tax liability of more than Rs. 10,000 during a year have to pay advance...

Cost inflation index in Income Tax is used to give inflation effect to cost for long term capital asset purchased...

During this time of pandemic government was taking various steps to provide some relief to the common, many of which...

Meaning of co-operative society under Section 2(19) of the Income Tax Act, 1961, is defined as “a cooperative society registered...

Previously, in various Advance ruling we had seen that directors salary was made liable to GST considering it as remuneration...

As we know various due dates have been already extended to 30.06.2020 due to the pandemic. To check the due...

EPFO has now provided facility to the employee that he himself can update his date and reason for exit on...

In one of the previous GST council meeting it was announced that a facility would be launched to file Nil...

There are reports in a certain section of media that the growth of direct taxes collection for the FY 2019-20...

Finance Bills was introduced on 01.02.2020 in the parliament by our Hon'ble Finance minister Nirmala Sitharaman. As we know a...

The Institute of Chartered Accountants of India (ICAI) is the national professional accounting body of India. It was established on...

POSTPONEMENT OF RE - OPENING OF ON-LINE FACILITY (CORRECTION WINDOW) FOR SEEKING CHANGE OF EXAMINATION CENTRE FOR APPEARING IN JULY...

Income Tax appellate Tribunal (ITAT) is the second appellate authority after Commissioner of Income Tax in the hierarchy of Income...