Income TaxTDSProsecution of Director for Non-payment of TDS2 years agoProsecution 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.2 years agoComposite 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 HC2 years agoAllow 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 20232 years agoStatutory 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 Years2 years agoGovt 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 – 20082 years agoALL 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 CSMT2 years agoI-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:2 years agoTDS 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 Rate2 years agoIf 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 credit2 years agoHigher 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:2 years agoOnline filing of Form 10F without PAN for a non resident not required to obtain a PAN: Form 10F is…
Income Taxother topicNotices/ orders cannot be issued to an amalgamated entity even though PAN is still active: Bombay HC2 years agoNotices/ orders cannot be issued to an amalgamated entity even though PAN is still active: Bombay HC Diversey India…
Income Taxother topicAssessment Order not passed within 30 days of DRP directions in time barred, Vodafone entitled for a refund of Rs 1128 Crores: Bombay HC2 years agoAssessment Order not passed within 30 days of DRP directions in time barred, Vodafone entitled for a refund of Rs…
Income Taxother topicStandard Operation Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU), under The Faceless Assessment Provision of Section 144B of the Income-tax Act.2 years agoStandard Operation Procedure (SOP) for Assessment Unit (AU), Verification Unit (VU), Technical Unit (TU) and Review Unit (RU), under The…
Income Taxother topicCapital expenditure vs. Revenue Expenditure – An important verdict by Supreme Court2 years agoCapital expenditure vs. Revenue Expenditure – An important verdict by Supreme Court The Supreme court has laid down a…
TDSTDS to be deducted only on commission charges and not on gateway charges: ITAT2 years agoTDS to be deducted only on commission charges and not on gateway charges: ITAT M/s. Knowledge Hut Solutions…
Income Taxother topicTaxation of Joint Development Agreement with the builder by legal heir of Ancestral Property2 years agoTaxation of Joint Development Agreement with the builder by legal heir of Ancestral Property [Query 1] We have inherited the…
Income Taxother topicAn Excellent Representation for the amnesty scheme for Partnership Firm by BJP CA Cell, Mumbai2 years agoAn Excellent Representation for the amnesty scheme for Partnership Firm by BJP CA Cell, Mumbai Date:- 07/10/2023 To, Shri Devendra…