TDSAll about Lower Deduction Certificate (LDC) for getting TDS at nil or lower rate4 Mar at 5:45 am0All about Lower Deduction Certificate (LDC) for getting TDS at nil or lower rate There are cases wherein the TDS…
TDSAvoiding TDS by Getting Lower Tax Deduction Certificate4 Mar at 5:25 am0Avoiding TDS by Getting Lower Tax Deduction Certificate To curb tax evasion & establish a clear income trail, , Income…
Income TaxTDSHow to claim TDS refunds if it is not shown in the ITR filed26 Feb at 5:21 am0How to claim TDS refunds if it is not shown in the ITR filed Filing of Income Tax Return (ITR)…
TDSAn overview of TDS U/S 194O: Key issue30 Jan at 5:34 am0An overview of TDS U/S 194O: Key issue 1. According to Section 194O of the Income Tax Act, an E-commerce operator…
Income TaxTDSDelay in filing of TDS Quarterly Return: No penalty u/s 272A(2)(k) should be levied for a mere technical venial breach27 Jan at 9:15 am0Delay in filing of TDS Quarterly Return: No penalty u/s 272A(2)(k) should be levied for a mere technical venial breach…
TDSWhether TCS applicable on sale of Coal/Tendu Leaves if the TDS is done under section 194Q by the buyer”6 Jan at 5:22 am0Whether TCS applicable on sale of Coal/Tendu Leaves if the TDS is done under section 194Q by the buyer” …
GSTIncome TaxTDS“Tax Compliance Tracker – January, 2024” 1 Jan at 9:53 am0“Tax Compliance Tracker – January, 2024” 1. Compliance requirement under Income Tax act, 1961 Sl. Compliance Particulars Due Dates 1 Due…
Income TaxTDSProsecution of Director for Non-payment of TDS25 Dec 20230Prosecution of Director for Non-payment of TDS With the ever-increasing cases of prosecution for non-payment of TDS deducted, Bombay High…
TDSComposite contracts cannot be divided in order to subject a part of the contract to a higher rate of TDS.19 Dec 20230Composite contracts cannot be divided in order to subject a part of the contract to a higher rate of TDS.…
Income Taxother topicAllow to revise bonafide error in GSTR -1 : Bombay HC15 Dec 20230Allow to revise bonafide error in GSTR -1 : Bombay HC The copy of the order is as under:…
GSTIncome TaxTDSStatutory and Tax Compliance Calendar for December 202311 Dec 20230Statutory and Tax Compliance Calendar for December 2023 Income Tax TDS/TCS Liability Deposit Nov-23 7-Dec-23 Due date of depositing TDS/TCS…
Income Taxother topicGovt to mandate e-invoice for B2C transactions in 2-3 Years8 Dec 20230Govt to mandate e-invoice for B2C transactions in 2-3 Years The copy of the order is as under: ITAT…
Income Taxother topicALL ABOUT REVERSE MORTGAGE SCHEME – 20086 Dec 20230ALL ABOUT REVERSE MORTGAGE SCHEME – 2008 There is no social security mechanism which is prevalent in India. One of…
Income Taxother topicI-T Official awarded six months in jail for slapping ticket checker at CSMT5 Dec 20230I-T Official awarded six months in jail for slapping ticket checker at CSMT The copy of the order is…
TDSTDS deductors receiving notices for not deducting TDS at 20% in case of payee not linking PAN with Aadhar:4 Dec 20230TDS deductors receiving notices for not deducting TDS at 20% in case of payee not linking PAN with Aadhar: …
Income TaxTDSIf deductee’s PAN is not linked with Aadhar – Deductor will also be penalized if TDS done at Normal TDS Rate28 Nov 20230If deductee’s PAN is not linked with Aadhar – Deductor will also be penalized if TDS done at Normal TDS…
IT JudgementTDSHigher TDS Rate applicable if the PAN is not linked with Aadhar at the time of payment or credit27 Nov 20230Higher TDS Rate applicable if the PAN is not linked with Aadhar at the time of payment or credit …
Income Taxother topicOnline filing of Form 10F without PAN for a non resident not required to obtain a PAN:17 Nov 20230Online filing of Form 10F without PAN for a non resident not required to obtain a PAN: Form 10F is…