TDSTDS credit should be given in the year it is deducted, regardless of the year the income is assessed: Ahmedabad ITAT11 months agoTDS credit should be given in the year it is deducted, regardless of the year the income is assessed: Ahmedabad…
Income TaxTDSNCLT Order setting aside assessment and penalty orders during the moratorium period under the Insolvency and Bankruptcy Code (IBC) and Observation by Bombay High Court11 months agoNCLT Order setting aside assessment and penalty orders during the moratorium period under the Insolvency and Bankruptcy Code (IBC) and…
TDSProposed Direct Tax Code: What Changes It Could Bring11 months agoProposed Direct Tax Code: What Changes It Could Bring The upcoming Direct Tax Code (DTC) aims to overhaul and…
TDSEffective from 1st October 2024, the following TDS rate changes apply:11 months agoEffective from 1st October 2024, the following TDS rate changes apply: Section 194DA: TDS on payments from life insurance…
TDSA big relief to Kingfisher’s employees, where TDS deducted by the company from Employees salary but not deposited with Govt By: Delhi High Court12 months agoA big relief to Kingfisher’s employees, where TDS deducted by the company from Employees salary but not deposited with Govt…
TDSNo denial of sec. 194Q TDS credit as ‘Kachha Arhatia’ had no domain over goods sold to principal buyers12 months agoNo denial of sec. 194Q TDS credit as ‘Kachha Arhatia’ had no domain over goods sold to principal buyers Kamlesh…
Income Taxother topicChanges in stamp duty rates in Maharashtra effective from 14.10.202412 months agoChanges in stamp duty rates in Maharashtra effective from 14.10.2024 The copy of the order is as under: 1145849819MaharashtraStampActAmendment-14.10.2024…
GSTTDSFAQs on TAX DEDUCTED AT SOURCE (TDS) Under GST12 months agoFAQs on TAX DEDUCTED AT SOURCE (TDS) Under GST The copy of the order is as under: FAQs…
TDSTDS on expenses reimbursed to a service provider in light of Sec 194R-TDS1 year agoTDS on expenses reimbursed to a service provider in light of Sec 194R-TDS What is Sec 194R? 1. Section…
Income Taxother topicWhich companies are required to convert the physical shares in to de-mat A/c & consequences for non compliance?1 year agoWhich companies are required to convert the physical shares in to de-mat A/c & consequences for non compliance? De-Materialisation…
Income Taxother topicCarry forward of losses in the case of takeover of a company undergoing NCLT proceedings:1 year agoCarry forward of losses in the case of takeover of a company undergoing NCLT proceedings: Introduction to Sec 79:…
GSTIncome TaxTDSCompliance Calendar for September’2024 Revised1 year agoCompliance Calendar for September’2024 Revised INCOME TAX ▪ 07th September 2024 – Due date for payment of TCS/ TDS…
TDSUnwanted Compliance Burden of TDS on payment by Partnership firm to Partners: Section 194T1 year ago Unwanted Compliance Burden of TDS on payment by Partnership firm to Partners: Section 194T The Government has proposed new…
Income TaxTDSPartnership Firms and LLPs: Enhanced Deductions with New TDS Obligations1 year agoPartnership Firms and LLPs: Enhanced Deductions with New TDS Obligations In recent years, the Government has introduced concessional tax…
TDSTDS on partner’s remuneration introduced in the Budget:1 year agoTDS on partner’s remuneration introduced in the Budget: Introduction: Budget 2024 proposes a deduction of TDS @ 10% on…
Income TaxTDSSupreme Court Upholds Vodafone Idea’s Non-Liability for TDS on Payments to Non-Resident Telecom Operators1 year agoSupreme Court Upholds Vodafone Idea’s Non-Liability for TDS on Payments to Non-Resident Telecom Operators Vodafone Idea Ltd (TS-547-SC-2024) Facts:…
Income TaxTDSAndhra Pradesh HC quashes prosecution proceedings U/S 276B where there is a reasonable cause for delay in TDS payment:1 year agoAndhra Pradesh HC quashes prosecution proceedings U/S 276B where there is a reasonable cause for delay in TDS payment: …
GSTIncome TaxTDSCompliance Calendar July 20241 year agoCompliance Calendar July 2024 The Copy Of the Order is as Under compliance calendar july 2024