Section 285BA—Statement of Financial Transactions (SFT) The Statement of Financial Transactions (SFT) is a document or report that provides a comprehensive overview of an entity's financial transactions over a specific… Read More
Summary of Deductions U/S 80C, 80CCC, 80CCD & 80D SECTION 80 DEDUCTION SECTION DEDUCTION ON ALLOWED LIMIT (MAXIMUM) FY 2018-19 80C INVESTMENT IN PPF – EMPLOYEE’S SHARE OF PF CONTRIBUTION… Read More
New Monetary Limits for Condonation of Delayed Filing of Refund Claims & C/F Losses Central Board of Direct Taxes has issued new monetary limits in respect of condonation of delay… Read More
OVERVIEW OF TYPES OR KIND OF GST REFUND TYPES OF GST REFUND Refund of unutilized input decrease(ITC) on account of exports without payment of tax A. The amount of refund shall… Read More
NRI : Filing of Tax deduction at source & tax returns Whether tds u/s 194IA required to be deducted as property is owned by co-owners but stamp duty value is… Read More
Tax deduction at source on Sale of Immovable Property Income ax Ac provides that TDS will be applicable on transfers of immovable property when the property's consideration exceeds or is… Read More
GST Registration may not be cancelled by merely describing it as "Bogus". The word "bogus" has not been used by the law: High Court GST Registration could be cancelled only… Read More
Big relief for charitable institutions or religious trusts : CBDT Circular 6 of 2023 The Central Board of Direct Taxes Extension of Timeline date of submission of Filing of Form 10AB… Read More
New TCS Rate Change w.f.t. 1 July 2023 TDS Rate Overview of Tax Deducted at Source (TDS) Forms TDS Certificate Form Sr. No Form Number Description 1. FORM- 16 TDS… Read More
In case Want to update your address, business’s name, other details in the GST Registration Modification in GST Registration information: Businesses that offer goods with a sales of more than… Read More