Advisory on “Initiating Drop Proceeding” by taxpayers for non-filing of GST returns
Such taxpayers are advised to revoke the suspension once the due returns have been filed by clicking on “INITIATE DROP ...
Thursday, February 19, 2026
Tag: taxontips
MCA levies penalty on Chartered Accountant as they did not comment on non-compliance by Company in audit report
Having considered the facts and circumstances of the case and after taking into account the provisions of Rule-11 of Companies ...
Limit of SFT reporting in case of interest removed by Income Tax Department
CBDT has vide notification no. 01/2023 Dt. 05.01.2023 removed any limit for filing SFT report u/s 285A of the Income ...
Statutory Compliance Calendar for January 2023 | Income tax, GST and various other laws
Statutory Compliance Chart for the Month of January 2023: Below mentioned are some important due dates under Income tax, GST, company law ...
Provisions related to Set off of losses under various heads of Income during the year in Income Tax Act
Inter head adjustment of losses means adjustment of losses of one head of income against income from another head during ...
Extension of time limit for compliance to be made for claiming any exemption under Section 54 to 54GB of the I.T. Act till 31.03.2023
Do you think that the circular is helpful because in our opinion that this relaxation is a bit late as ...
Results of CA Final and Intermediate students of Nov 2022 to be announced on 10.01.2023
The results of the Chartered Accountants Final and Intermediate Examination held in November 2022 are likely to be declared on Tuesday, ...
Clarification for the purposes of Section 269ST of the I.T. Act in respect of dealership/distributorship contract in case of Co-operative Societies
References have been received in respect of Milk Producers' Cooperative as to whether under the provisions of Section 269ST of ...
Rs 1,49,507 crore GST Revenue collected for December 2022, records increase of 15% Year-on-Year
The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 ...
Income tax Non-filers are receiving notice from Income Tax department for filing income tax return
Based on available information with Income Tax department, it appears that you were required to file ITR for A.Y. 2022-23 ...
Good news for all homebuyers who were charged GST and the agreement got cancelled | Now they can claim refund of such GST
a new functionality has been made available on the common portal which allows unregistered persons to take a temporary registration ...
Taxpayers receiving notice from Income tax department for high value information not appearing in Income tax return
Income Tax Department has identified certain high value information which does not appear to be in line with the Income ...
Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19
In cases, where difference between the ITC claimed in FORM GSTR-3B and that available in FORMGSTR 2A of the registered ...
Digitally signing the notice does not satisfy that notice was issued to assessee: Bombay High Court [Read order]
In view of the discussion made above, we hold that mere digitally signing the notice is not the issuance of ...
What is the meaning of Total Income under Income Tax Act
In computing the total income of a previous year of any person, any income falling within any of the following ...
-
GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
-
How to pay Membership and COP fees of ICAI for 2020-21 |
-
Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
-
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
-
SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Taxation and Income tax return of Foreign Companies Earning Income from India under special rates
- Income Tax Department’s NUDGE Initiative 2025-26: A Clear Warning for Taxpayers to Ensure Accurate Reporting
- Notice from Income tax department e-verification cell for non-filing ITR. How to respond
- 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?
TaxOnTips provides you all tax related solutions in easy way and update you with its regular updates & notifications Visit us for details.
We are based in Jaipur, India
