Taxability of maturity value of the Keyman Insurance Policy – Whether Capital Gain or Other Source Income
Taxability of maturity value of the Keyman Insurance Policy – Whether Capital Gain or Other Source Income ITAT Mumbai in…
Month: September 2020
Return filing Date for the AY 2019-20 extended again to 30.11.2020
Return filing Date for the AY 2019-20 extended again to 30.11.2020 Return filing Date for the AY 2019-20 extended again…
CBDT issues clarification on New TCS provisions but complications & difficulties to continue
CBDT issues clarification on New TCS provisions but complications & difficulties to continue CBDT issues circular No 17 clarifying TDS/TCS…
GST DATE FINALLY EXTENDED !!
GST DATE FINALLY EXTENDED !! Finally, CBIC has tweeted which was expected since more than one month. As routine, the…
Guidelines under section 194-O (4) and section 206C (1-I) of the Income-tax Act, 1961 by CBDT
Guidelines under section 194-O (4) and section 206C (1-I) of the Income-tax Act, 1961 by CBDT Circular No. 17…
TCS Under Section 206C(1H) on Sale of Goods: Simple & Short Analysis
TCS Under Section 206C(1H) on Sale of Goods: Simple & Short Analysis Section 206C(1H) as amended finally reads as under:…
Income from undisclosed sources Addition under section 68 Long-term capital gain on sale of shares AO merely relying on investigation wing report without disputing vortex of evidences furnished by assessee
Income from undisclosed sources Addition under section 68 Long-term capital gain on sale of shares AO merely relying on investigation…
Search and seizure Assessment under section 153C Recording of satisfaction note Not in file of assessee searched
Search and seizure Assessment under section 153C Recording of satisfaction note Not in file of assessee searched Short overview CIT(A)…
Issue of Bearer cheque- Whether liable for TDS U/s 194N
Issue of Bearer cheque- Whether liable for TDS U/s 194N With an aim to widen and deepen tax base…
Foreign Remittance under LRS, Overseas Tour Package, Sale of Goods: New TCS w.e.f. 01/10/2020
Foreign Remittance under LRS, Overseas Tour Package, Sale of Goods: New TCS w.e.f. 01/10/2020 Effective from 1ST October 2020, the following Tax…
An Excellent Representation seeking Extension of due date for furnishing GSTR9 AND GSTR9C FOR FY 2018-19 by Karnataka State Chartered Accountants Association
An Excellent Representation seeking Extension of due date for furnishing GSTR9 AND GSTR9C FOR FY 2018-19 by Karnataka State Chartered…
10 Interesting Issues in TCS U/s 206C(1H) on sale of Goods
10 Interesting Issues in TCS U/s 206C(1H) on sale of Goods With effect from 01/10/2020, every seller whose turnover…
Sale of Goods liable for TCS: An Overview of the New TCS Compliance
Sale of Goods liable for TCS: An Overview of the New TCS Compliance The scope of Tax Collection at Source…
Format of Affidavit for HUF PAN & Account Opening
Format of Affidavit for HUF PAN & Account Opening For applying the PAN for a HUF, Form No. 49A duly filed…
No requirement of scrip wise reporting in the ITR for intra-day and short-term sale or purchase of listed shares
No requirement of scrip wise reporting in the ITR for intra-day and short-term sale or purchase of listed shares Ministry…
TCS is required to be done on GST components also?
TCS is required to be done on GST components also? On which amount TCS is required is one of…
When a person commits an offence by not maintaining the books of account u/s 44AA, the offence is complete and the penalty for non audit cannot be imposed.
When a person commits an offence by not maintaining the books of account u/s 44AA, the offence is complete and…
Compulsory Maintenance of books of account under Income Tax
Compulsory Maintenance of books of account under Income Tax One of the most common questions by the taxpayers is with…
