Business Compliance Calendar for the month of November – 2018
07.11.2018 – Due date for Payment of Tax deducted/Collected (TDS/TCS) in the month of October-2018. However, all sum deducted/collected by…
Month: October 2018
Status of Tax Audit Report date extension
Status of Tax Audit Report date extension Kerala as well as Gauhati High Court have sought for a reply from…
Applicability of TDS U/s 194H on issuance of recharge vouchers to distributors by cellular service provider at discount
Applicability of TDS U/s 194H on issuance of recharge vouchers to distributors by cellular service provider at discount No commission…
Procedure for cancellation of GST Registration – Clarification – Circular No. 69/43/2018 Dated 26-10-2018
Procedure for cancellation of GST Registration – Clarification – Circular No. 69/43/2018 Dated 26-10-2018 The CGST Act provide that a…
Validity of Reassessment due to Change of opinion in Absence of any new material
Validity of Reassessment due to Change of opinion in Absence of any new material Since neither from reasons nor from…
Sec. 54F deduction available to HUF even if new house was purchased in name of member
Sec. 54F deduction available to HUF even if new house was purchased in name of member Section 54 of the…
S. 54EC Error while efilling return will not negate the deduction
S. 54EC Error while efilling return will not negate the deduction Rajesh Hasmukhlal Shah v. ITO [2018] 95 taxmann.com 84 (Surat-Trib.) The…
All about interest paid to partner in a partnership firm!
All about interest paid to partner in a partnership firm! Section 40(b)(iv) of the Income Tax Act, 1961 disallows any…
DTAA between India and Macedonia
DTAA between India and Macedonia SECTION 90 OF THE INCOME-TAX ACT, 1961 – DOUBLE TAXATION AGREEMENT – AGREEMENT FOR AVOIDANCE…
Last date for ROC Annual return extended to 31st Dec 2018
Last date for ROC Annual return extended to 31st Dec 2018 Ministry of Corporate Affairs vide General Circular No. 10/2018…
How to resolve DSC Problem in GST
How to resolve DSC Problem in GST As suggested by the GSTN. – They have introduced a new Sigining Tool…
Interest on delayed payment of TDS is compensatory in nature, hence, no disallowance: ITAT, Cochin
Interest on delayed payment of TDS is compensatory in nature, hence, no disallowance: ITAT, Cochin Last day to complete the…
Capital Goods & Credit of GST paid:
Capital Goods & Credit of GST paid: 1. In GST, the credit can be availed on the capital goods provided…
Don’t forget to make transfer Pricing Compliance Details for FY 2017-18 for your clients & company
Don’t forget to make transfer Pricing Compliance Details for FY 2017-18 for your clients & company Don’t forget to make…
All about 26AS!
All about 26AS! The first form that anyone generates for filing an Income Tax Return is 26AS. Form 26AS gives…
Interest on Late GST Payment and Penalty on Missing GST Return Due Dates
Interest on Late GST Payment and Penalty on Missing GST Return Due Dates The GST Council has decided to levy…
Can AO levy 40A(2) on partner’s remuneration?
Can AO levy 40A(2) on partner’s remuneration? Section 40A of the Income Tax Act is an overriding provision. The sub…
Treatment of Remuneration paid to a partner
Treatment of Remuneration paid to a partner Remuneration includes salary, bonus, commission paid to the partner. Such is included by whatever…
