Tag: Income tax updates

As per the above points it was mentioned that TDS/ TCS needs to be deducted/ collected at higher rates. This ...

Section 115BAC deals with lower/ concessional tax rates for individual, HUF etc. rather than the tax rates prescribed for individual ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of November 2023.

The delay in filing of Form No. 10-IC as per Rule 21AE of the Rules for previous year relevant to ...

However, when the assessee were trying to download ITR V later it was showing a watermark on the verification form ...

hereby extends the due date of filing of report of the accountant as required to be filed under clause (8) ...

Investigations so far made, has shown that the group has been suppressing its taxable income by grossly under-reporting its sales ...

CBDT has vide Circular No. 17/2023 Dt. 09.10.2023 provided clarification in relation to data which needs to be feeded in ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of October 2023.

Non-resident can register using the option of "Others" while registering and choose the option of "Non-Residents not holding and not ...

The amount prescribed for delay in filing Tax audit report is mentioned under Section 271B of the Income Tax Act ...

Taking into consideration the suggestions received in this regard and detailed interactions held with stakeholders, Rule 11UA for valuation of ...

If both the conditions are fulfilled then the assessee won't be required to conduct tax audit even if turnover exceeds ...

Taxpayers are advised to check DSC for its expiry date, registration on e-Filing portal & installation of latest emBridge application ...

Premium received on sale of options is also to be included in turnover. However, where the premium received is included ...