Tax Article

Insertion of new section 80M Deduction in respect of certain intercorporate dividends.

Insertion of new section 80M  (Budget 2020) After section 80LA of the Income-tax Act, the following section shall be inserted…

6 years ago

Tax Deducted at Sources Amendment made by Finance Act in TDS applicable from 01st -April-2020 ||Tax Collected at Sources (TCS) With effect from 01-10-2020

Tax Deducted at Sources Amendment made by Finance Act in TDS applicable from 01st -April-2020 TDS (Tax Deducted at Sources)…

6 years ago

What is Difference between Income and Revenue ?-with Example

Difference between Income and Revenue Difference between Income and Revenue:- Revenue and income word are quite commonly used interchangeably, that…

6 years ago

Who can use the designation of Charted Accountant or designatory letters as CA. ||Who can use the designation of Charted Accountant

Who can use the designation of Charted Accountant or designatory letters as CA. According to Section 7 of the Chartered…

6 years ago

Income Tax and GST/Indirect Tax Compliance Matters Due Date Extended || Chart of Extended Important Due Date

Finance Minister announces several relief measures relating to Income Tax and GST/Indirect Tax compliance matters across Sectors in view of…

6 years ago

What books of account have been prescribed to be maintained by a person carrying on business/profession under the Income tax Act 1961? ||

The Income-tax Act 1961 does not prescribe any specific books of account for a person engaged in business or in…

6 years ago

GST Return Due Dates to February 2020

Date  Particular 31st March 2020 GST GSTR 9 - All tax payers except for Composition Dealer and CTP/ISD/TDS/NRTP GST GSTR…

6 years ago

Eligibility and conditions for taking input tax credit with Protocol and Example to avail and utilise the Input tax credit

The protocol to avail and utilise the Input tax credit of these taxes is as follows: Credit of (CGST/SGST/UTGST/IGST) To…

6 years ago

GST TRAN-1 Last Date further Extended ||CBIC Order No. 1/2020 GST dt. 7th Feb-2020

TRAN-1 Submission Deadline Further Extended up to 31st March 2020 in certain cases.: CBIC Order No. 1/2020 GST dt. 7th…

6 years ago

Due Return dates for Compliances under GST month of January/February-2020

Due dates for Compliances under GST Date  Particular   GSTR 9 –ALL registered persons having an aggregate turnover of more…

6 years ago