As per section 2(41) of the income tax act "Relative", in relation to an individual, means the husband, wife, brother or sister or any lineal ascendant or descendant of that… Read More
Section 234F -Fee (Penalty) for delay in filing Income-tax return Under this section, the fee (penalty) is levied if the Income-tax return is not filed within the due date. As… Read More
www.carajput.com; GST E-way bill Basis Concept on Applicability of E-Way Bill E-Way Bill is a digitally produced paper that must be produced for the transportation of more than Rs. 50,000… Read More
NEW ADDITIONAL REQUIREMENTS INCLUDING IN THE CARO 2020 REPORTING AFTER ON CONSULTING ON WITH THE NFRA Statutory Auditor’s Report (CARO 2020) shall include a statement a New Reporting Requirements The… Read More
New Turnover Threshold for the Purposes of Tax deducted at Source (TDS) Applicability as per the Finance Act 2020. TDS was applicable to individuals and to HUF if their… Read More
CBDT doubles penalty for failing to submit ITR before the due date As per the income tax rules , individuals under 60 years of age who earn Rs 250,000 or… Read More
www.carajput.com; ICAI Announcement ICAI cancelled CA May 2020 Examination IMPORTANT ANNOUNCEMENT FOR MAY 2020 EXAMINATIONS - (03-07-2020) Examination Department The Institute of Chartered Accountants of India 3rd July 2020 IMPORTANT… Read More
www.carajput.com; GST No late Fees GST: Late fee capped at Rs. 500/- for each GSTR-3B Return & waives off late filing fee For each GSTR-3B return, a late fee of… Read More
Happy Chartered Accountant Day! Greetings & Best Wishes on the 72nd day of CA! On the occasion of CA Day, I convey my best wishes for the hard work and… Read More
www.carajput.com; Virtual Office Why Virtual Office Address is essential to Indian small businesses. Business prospects have plenty of needs and requirements and most company owners look forward to some of… Read More