News
Amendment to rules for remuneration to be paid to an eligible Fund Manager u/s 9A of the I.T. Act
Rule 10V of the Income Tax rules deals with calculation of remuneration to be paid to a fund manager as...
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CBIC issues press note relating to GST late fee for August 2017 to January 2020 to be discussed in the next GST Council meeting.
In a recent twitter post on 01.06.20, CBIC has posted a Press note wherein they have said that they are...
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Further revision of MSME definition – New limit for medium enterprise
As we know during the lockdown period various relief was provided to MSME and along with it the definition of...
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11 Handbook issued by ICAI – indirect tax committee on various Topics under GST
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 on GTA services – A brief analysis
GST on Good Transportation Agency (GTA) service has been very much confusing and controversial and in this note we'll try...
Read moreForm 26AS/ Annual Information statement : Now more than history of just taxes paid of the Assessee! Full Financial details
“Question: Hey! What is your Tax History? Are you compliant and paying Income tax properly??Tax Payers (before): I do pay...
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New ITR 1 to 7 for AY 2020-21 notified by CBDT – Detailed analysis of important amendments
CBDT has notified ITR 1 to 7 for AY 2020-21. As we know the due date for filing ITR was...
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Lockdown 5.0: Now schools, religious places will open outside containment zone
As we know in Lockdown 4.0 many relaxations were offered where offices were allowed to open but still places of...
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How to show PM CARES Fund in Schedule VI as eligible for CSR
As we know contribution to PM CARES fund is eligible for CSR expenditure in case of companies. Now MCA vide...
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No TDS to be deducted on salary/ Interest paid to partner by partnership firm.
A partner in a partnership firm earns various types of Income: Remuneration/ salary, commission, interest on capital or profit share....
Read moreIncome of Uttarakhand EPPC Board and Cochin SEZ Authority – Now exempt under 10(46) of Income tax act
Vide notification in E-gazette CBDT has exempted various income of Uttarakhand Environment Protection & Pollution Control Board, Dehradun (PAN AAALU0160D)...
Read moreForms 26AS has been omitted | Now Annual Information statement will replace Form 26AS
Vide a notification, CBDT has scrapped earlier 26AS where credit of tax paid and refund received used to be shown...
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Separate Portal for disciplinary complaints to ICAI against CA
An E-mail was sent by ICAI president stating the importance of disciplinary action and launching a separate portal for filing...
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Transfer of ITC between multiple registration in same state/ UT of same person now possible: ITC – 02A
Many a times people take separate registration under GST to keep and maintain separate businesses and while starting new business...
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Father cannot sale shares or use proceeds of sons share being guardian of minor son without permission from court: Chennai Tribunal
In the present case assessee is famous cricketer and former captain of Indian cricket team K. Srikanth. Assessee along with...
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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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