TCS Rate chart under Income tax act and Due date for filing of TCS return
Under Income tax act there is only one section which covers all the transactions on which TCS needs to be ...
Friday, July 25, 2025
Income tax department provides Forms to be filed to take indemnity against litigation in relation to retrospective amendment under Income tax for indirect transfer of shares
Recently we had seen that government had made clarification on removing the retrospective amendment from Income tax act in relation ...
Issuance of calendar for Sovereign Gold Bond Scheme 2021-22 | Tax on Sovereign gold bond (SGB) scheme
The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The ...
Important updates relating to the functionality on the new e-filing website | E-filing website will not work on few days | E-filing 2.0
"Alert: Website will not be accessible due to scheduled maintenance activity from Saturday 23rd Oct 10.00PM to Sunday 24th Oct ...
Option to File Rectification Request under section 154 of Income tax act for Income tax return option now available on new e-filing website | e-filing 2.0
If there is any variation reported by CPC, an assessee has two options i.e. either to apply for rectification under ...
Multipurpose Empanelment Form (MEF) – 2021-22 | Now Open
Professional Development Committee (PDC) is pleased to host the Multipurpose Empanelment Form (MEF) for the year 2021-22, which is available ...
Advisory for taxpayers on Form GSTR-2B – CBIC | GST update
Form GSTR-2B is an auto-drafted ITC statement which is generated for every normal taxpayer on the basis of the information ...
RBI bans CA firm M/s Haribhakti & Co. LLP from conducting any type of Audit of entities regulated by RBI
The Reserve Bank of India (RBI) in exercise of the powers vested under section 45MAA of the Reserve Bank of ...
Last Chance to Claim Input tax credit (ITC) under GST pertaining to FY 2020-21
As per Section 16(4) of CGST Act, 2017, no taxpayer shall take input tax credit in respect records (invoices and ...
Job vacancy for CA in the field of Audit & Assurance | External Audit | Manager at Deloitte | CAjob vacancy
As an Audit Manager, you will oversee day-to-day operations of audit engagements. You’ll closely work with the team to tackle ...
GST on Rent of property and Land for residential or commercial purpose | Rate of GST on rent
Now, let's discuss about the GST rates on service of renting. The basic definition of outward supply includes rental income ...
Landmark Judgement: Allahabad High Court quashed notices issued under section 148 in old laws after 31.03.2021 | Income tax case law
The above judgement has been passed in case of Ashok Kumar Agarwal vs. Union of India through its Revenue Secretary ...
Various cases under Income tax where it is mandatory to mention PAN by the seller or purchaser or any assessee: Section 139A
Now, let's discuss what are the other places where it will be mandatory for the assessee to mention his/ her ...
Relief for Non resident from filing of Income tax return | Non-residents are not required to file Income tax return
Income tax Department has vide Notification No. 119/2021 Dt. 11th October 2021 has released a list whereby Income tax department ...
ITR 7 is now available for filing on e-filing 2.0 | What are the changes in ITR 7 for AY 2021-22 | File ITR 7 online with experts on Taxontips
Let’s first see who is eligible to use ITR 7 Form? This Return Form can be used by persons including ...
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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
- 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?
- 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
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