New Rules for Approval & Registration of Trusts – Registration mandatory before 30/06/2021
New Rules for Approval & Registration of Trusts – Registration mandatory before 30/06/2021 AMENDED TRUST REGISTRATION PROCEDURES …
Income Tax
Same PAN allotted to two persons: How to resolve it?
Same PAN allotted to two persons: How to resolve it? There are instances where one PAN number is allotted inadvertently…
Before 31st March Ends: Last Minute Tax Tips
Before 31st March Ends: Last Minute Tax Tips “Normally, people work on the Principle of Rocket. Unless and until it is…
Interest deduction u/s 36(1)(iii) couldn’t be disallowed if nexus between interest payment and business is established
Interest deduction u/s 36(1)(iii) couldn’t be disallowed if nexus between interest payment and business is established [2021] 124 taxmann.com 357 (Gujarat) HIGH…
An Overview of the changes made in the financials, Notes to accounts on account of amendments in Schedule III brought about by MCA
An Overview of the changes made in the financials, Notes to accounts on account of amendments in Schedule III brought…
ICAI is acting tough against the members for negligence. Review your tax audit report and Revise it if there is a mistake
ICAI is acting tough against the members for negligence. Review your tax audit report and Revise it if there is…
Capital Gain exemption couldn’t be denied even if assessee claimed exemption under wrong section
Capital Gain exemption couldn’t be denied even if assessee claimed exemption under wrong section [2021] 124 taxmann.com 201 (Bangalore – Trib.) IN…
New Section 9B added to Income Tax Act by the parliament while passing the Finance Bill 2021
New Section 9B added to Income Tax Act by the parliament while passing the Finance Bill 2021 A…
All about National Pension Scheme (NPS): Additional deduction of Rs 50,000/-
All about National Pension Scheme (NPS): Additional deduction of Rs 50,000/- Indian doesn’t have a social security system. Saving by…
Now, Auditor has to report whether the company is using accounting software that has the feature to record audit trail of each and every transactions.
Now, Auditor has to report whether the company is using accounting software that has the feature to record audit trail of…
Thank You CBDT: GST Reporting in Tax Audit Report kept on Hold
Thank You CBDT: GST Reporting in Tax Audit Report kept on Hold Clause 30C (GAAR) & Clause 44(GST) of Tax…
Matters to be Included additionally in the Auditors Report Now from 1st April 2021
Matters to be Included additionally in the Auditors Report Now from 1st April 2021 a. Reporting regarding advances, loans…
Income Tax Department conducts searches in Jharkhand: Heavy unaccounted money discovered
Income Tax Department conducts searches in Jharkhand: Heavy unaccounted money discovered …
With around 127 Changes in the Finance Bill, Loksabha passed the Finance Bill – 2021
With around 127 Changes in the Finance Bill, Loksabha passed the Finance Bill – 2021 LokSabha has passed the finance…
Get Ready Now: Mandatory to use “Such Software” which has a feature of establishing audit trail of Changes
Get Ready Now: Mandatory to use “Such Software” which has a feature of establishing audit trail of Changes COMPANY LAW…
VSVS: Non search case only 100% liability attracted & not 125%
VSVS: Non search case only 100% liability attracted & not 125% VSVS: Non search case only 100% liability attracted…
While a common investor has to fill up several KYC (know your customer) forms, provide PAN number and proof of address, etc, a P-Note investor can invest anonymously.
While a common investor has to fill up several KYC (know your customer) forms, provide PAN number and proof of…
Payment of excess sales tax along with interest on failure to furnish Form C is deductible expenses: ITAT
Payment of excess sales tax along with interest on failure to furnish Form C is deductible expenses: ITAT Gem Electro…
