Tag: taxontips

In the current environment with ever increasing expectation from auditors, this year the Auditing and Assurance Standards Board of ICAI ...

The information to be provided at the UDIN portal regarding MOC will be mandatory and will be totally encrypted. It ...

Please note that this functionality may not be used for updating UDIN for Forms submitted prior to April 2021. In ...

Certain aspects required revision to bring in more clarity e.g. the time limit for compliance of the mandate, qualifications of ...

Section 89A deals with providing relief from taxation on income from retirement benefit account maintained in a notified country wherein, ...

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GU), Gurugram, has unearthed a case wherein a series of ...

In this regard, we are pleased to invite expression of interest for empanelment as Subject Matter Expert for forming the ...

It is important to note that as of now only JSON schema of ITR have been released for ITR 1 ...

Against the Union Budget estimates of ₹22.17 lakh crore, the revenue collections as per the pre-actual figures is ₹27.07 lakh ...

To resolve the issue Income Tax department should take an initiative, issue a circular, reprocess all the returns and provide ...

Statutory Compliance Chart for the Month of April 2022 : Below mentioned are some important due dates under Income tax, GST, company ...

1) Loss from one Virtual Digital Asset (VDA) cannot be set-off against income from another VDA. 2) Definition of ‘transfer’ ...

This includes 13 Bilateral APAs (consequent to Mutual Agreement between India and its treaty partners) and 49 Unilateral APAs.

The court concluded that the Revenue was right in its contention that remuneration and interest from the partnership firm cannot ...

In order to remove such difficulties, the Central Government, in exercise of powers conferred under section 206C(1G) of the Act, ...