Tag: taxontips

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

The gross GST revenue collected in the month of June, 2023 is ₹1,61,497 crore of which CGST is ₹31,013 crore, ...

ln case of purchase of overseas tour program package which is classified under LRS, TCS provision for purchase of overseas ...

In order to explain the legal obligations and processes, as well as to address difficulties faced by the Reporting Entities, ...

The statement of deduction of tax for the first quarter of the financial year 2023-24, required to be furnished in ...

Increased TCS rates to apply from 1st October, 2023: The increase in TCS rates; which were to come into effect from 1st July, ...

As announced in during the presentation of Budget, 2023, the new regime of tax under section 115BAC shall be the ...

The heading of ITR 3 read as under: “For individuals and HUFs having income from profits and gains of business ...

Gifts received by HUF from its members are exempted from Income Tax under Section 56(2)(vii)/ 56(2)(x) of the act.

As a result, the authorities/regulators/banks/others, who verify the authenticity of the UDINs would be provided with information that the UDIN, ...

Form DPT-3 is a one-time return form that must be filed by all companies other than government companies to furnish ...

Please note that the enablement status indicated on the e-Invoice portal does not indicate a legal obligation on taxpayers to ...

Further, in the next para they have even asked as to whether the return was prepared by self or by ...

Where the applicant has either failed to undergo authentication of Aadhaar number or has not opted for authentication of Aadhaar ...

Also, it is recommended that any person who has incurred any capital loss during the year should file his/ her ...