TDS on Purchase of Goods: Confusion & Clarification

LUB appealed Government to reconsider their decision for inclusion of traders in MSME fold

“Corporate Compliance Calendar for the M/o July, 2021”

Computation of Sales, turnover, gross receipts for the purpose of Section 194Q of the Income Tax Act – 1961

CBDT issued guidelines under section 9B and sub-section (4) of section 45 of the Income-tax Act, 1961

Registration can’t be denied if carrying out operations outside India were ancillary to main object of trust: ITAT

Payment of interest for delay in construction of flats by the assessee was in fact damages though termed as interest and no tax was deductible at source under s. 194A.

Short overview of Clarification issued by CBDT on section 194Q

Large credit co-operative society with turnover of Rs. 50 Cr liable for TDS on payment of interest

Validity of Addition under section 68 on Receipt of unsecured loan if Assessee has furnished supportive details

All about Registration in GST

Revamp of Income Escaping Assessment

New Regime of Income Tax Search and Seizure Assessments – Glaring Implications

Whether Amount paid towards PMS Fees is allowable as deduction? Mumbai ITAT in Mateen Pyarali Dhokia vs DCIT.

Key Feature of the Guidelines issued by the CBDT on Section 194Q for TDS on purchase of Goods

Assessment of income in the correct head of income is important from the perspective of its taxation. Every item of income, whatever its source, would fall under one particular head and for the purpose of computing the income

The Controversy: No TCS on Purchase of Coal or Scrap because of declaration given by the buyer in Form No. 27C: Whether TDS U/s 194Q will be attracted?

Key feature of Senior Citizen Savings Scheme (SCSS)