CBDT notifies Form No. 10 IC & 10 ID for Companies who want to opt for lower tax regime u/s 115BAA & 115BAB
CTC excellent Representation on Sectjom 269SU : Request to exclude entity engaged only in B2B, 100% Export Oriented Unit & Foreign Enterprises !!
Procedure of PAN allotment through Common Application Form (CAF) along with registration of Foreign Portfolio Investors (FPls) with SEBl under Department of Economic Affairs and KYC for opening Bank and Demat Account.
Application for Nil or Lower tax deduction certificates can now be made before the start of Financial Year
In case for repayment of loan to the assessee, there is no requirement on the part of assessee to prove the source of funds.
“Working in the late hours upto 10 PM in the night and passing this kind of cryptic and non-speaking order will not only affect the health of the officer but also prejudice the interest of the assessee. This could have been avoided by the CIT(Appeals)” : Interesting Order by Chennai ITAT
Validity of Penalty u/s 271D on Contravention of section 269SS for Cash loans taken on account of sister’s marriage
No disallowance under section 43B for non payment of tax within due date if Assessee has not routed it through profit and loss account
Union Budget 2020: Now, Tax Collection at Source (TCS) on foreign remittance through Liberalised Remittance Scheme (LRS)and on selling of overseas tour package as well as TCS on sale of goods over a limit.
