Legal Provision of Section 43B(h) of the Income Tax law. What is come under the definition of Small Enterprises? Business Enterprise which is completed all below conditions. (a) Sale/ Turnover… Read More
CBDT : Allowed HRA Exemption who pay rent to their parents, spouses/ family Members For individuals that pay rent and live in rented housing, the Income Tax Act of 1961… Read More
Taxpayers who falsely claimed for a HRA allowance received income tax notices. Income Tax Notices: By sending notices, the Income Tax Department is pursuing hundreds of individuals who have claimed… Read More
Food delivery app will not to get ITC on New GST regime w.e.f 1 Jan 2024 E-commerce Operators in food delivery not to get input tax credit under new Goods… Read More
Very Important Update Related to ITRs from AY 2023-24- Tax Dept issue on FAQ related to Discard ITR The Income Tax Department portal now features a "Discard ITR" option for… Read More
CBDT Update that a record of 8.18 Cr ITR have been file till 31 Dec 2023 Unique landmark for the Income-tax Department! The Central Board of Direct Taxes update that… Read More
E-Waybill issue will not be permissible without e-Invoice details E-Waybill issue will not be permissible without e-Invoice details entered in it with effect from 1st March 2024. and moreover that… Read More
Statutory Compliance Calendar For The Month of Jan 2024 Read More
Registrar of Companies Timeline Compliance Calendar Financial Year Following is the Registrar of Companies Compliance Calendar for Financial Year 2023-24. Form Compliance Period Due Date MSME-01 Form for furnishing… Read More
INCOME TAX SLAB FY 2023-24 (Assessment Year 2024-25) for INDIVIDUAL Tax Department given key services within specified timelines mentioned below : Income tax slab rates for FY 2024-25 (AY 2025-26)… Read More