Direct Tax Updates: Income tax registration U/s. 12AA cannot be denied for one suspicious donationIf the genuineness of a donation in one year is doubted, the addition, if any, can… Read More
Direct Tax Updates: CBDT has notified changes in Form 16, the certificate issued by employers for tax deducted at source (TDS) for salaried employees, seeking disclosure of more details, especially… Read More
Direct Tax Updates: The increase in effective tax rate to 43% for those earning Rs 5 crore and more has spread disquiet in India Inc’s Csuite, raising the possibility of… Read More
Corporate And Professional Updates on 16th July 2019 Direct tax Updates: CBDT has issued Clarification regarding the taxability of income earned by a non-resident investor from off-shore investments routed… Read More
Corporate and Professional Updates on 15th July 2019 Direct Tax Updates: Direct Tax Updates: Income Tax Advance Tax last date is 15.06.19 of first instalment for FY 2019-20. Pay on… Read More
Indirect Tax Updates: The amendment to Section 17 (5) of the Central Goods and Services Tax (CGST) Act deals with blocked credit. “Section 17 (5) of the CGST Act and the respective… Read More
Corporate and Professional updates on 11th July 2019 Direct tax Updates: The taxman will 'suo motu' allot a fresh PAN to a person who files tax returns with only Aadhaar… Read More
Corporate and Professional Updates on 10th July 2019 Indirect Tax updates: Centre will now pay the input tax credit (ITC) refunds of state taxes, thereby reducing transaction time and costs,… Read More
Filing of E-form DPT-3-Return of Deposit-due date of filing of e-form is 30th June 2021 E-form DPT-3 is required to file by all the companies pursuant to section 73 read… Read More
Direct Tax Updates: Direct tax revenue has grown 78 percent i.e 11.37 lakh Crores from 2014 to 2019. Propose to enhance surcharge on taxable income of Rs. 2 to 5… Read More