Tag: taxontips

CBDT has vide Circular no. 13/2024 Dt. 26.10.2024 extended the due date for filing Income tax return for AY 2024-25 ...

Before proceeding against a Chartered Accountant, the investigator shall ascertain as to whether the person being proceeded against is a ...

It may be noted that tentatively from January 2025 tax period, the GST Portal is going to restrict making changes ...

Form-1 shall be furnished electronically under digital signature, if the return of income is required to be furnished under digital ...

The committee invites public inputs and suggestions in four categories: Simplification of Language, Litigation Reduction, Compliance Reduction, and Redundant/Obsolete Provisions

From FY 2023-24, Income tax department has made new tax regime as the default tax regime for Individual, HUF and ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of October 2024.

Finance Act, 2024 has made various changes under the Income tax act especially in TDS provision which shall be applicable ...

Thus, due date for all audit Forms such as Form 3CA-3CD, 3CB-3CD, Form 10BB, Form 10B, Form 10DA, Form 29B ...

incorporate a reference to the ‘electronic integrated declaration’ which is filed on ICES as provided in the Shipping Bill (Electronic ...

To bring renting of commercial property by unregistered person to a registered person under Reverse Charge Mechanism (RCM) to prevent revenue leakage.

Capital Work-in-Progress (CWIP) refers to assets that are under construction or development and are not yet ready for use. These ...

Below mentioned are some important due dates under Income tax, GST, company law etc. for the month of September 2024.

To assist taxpayers in correctly reporting Reverse Charge Mechanism (RCM) transactions, a new statement called "RCM Liability/ITC Statement" has been introduced on ...

Now, from 01st September, 2024 this rule is being enforced. Therefore, for the Tax period August-2024 onwards, the taxpayer will ...