Recently the Central Board of Indirect Tax and Customs (CBIC) has issued a clarification related to Refund of ITC under form GSTR 2A
MCA vide General Circular no. 23/ 2020 dated 17th June, 2020 has issued Scheme for relaxation of time for filing forms related to creationor modification of charges.
As a move towards greater corporate transparency, a Directors / Board' report is a financial document that is required to file at end of the FY by the Companies.
Income-tax law provides for a concept known as 'Marginal Relief on surcharge'. The basic idea is that the increase in tax liability (due to surcharge) should not exceed the increase in income.
If your exams are not in July 2020, I request you to kindly skip this, as this is specifically for the JULY 2020 exams.
Book Identification Number (BIN) is issued to the deductor on the NSDL Tax information Network. The BIN quoting has been termed mandatory for government deductors, who are reporting TDS without payment through bank challans and the same is to be stated on the quarterly TDS statement.
Several amendments are made in the Income Tax Act, 1961 through ordinance in Section 115BAA, Section 115BAB were inserted in the Income Tax Act, 1961
ITC-02A is an initiative by which the taxpayer can now transfer the unutilized ITC from one business (Business XYZ) to another business (Business ABC) of him in the same state.
Remember how everyone in 2010-2019 wished they had invested in the market during the global financial crisis in 2008? Well, for those who missed it, you are getting a second chance now. Fortunes are made in bear markets for those willing and able to look past the pandemic.
There a way to prepare comprehensively for the exams without getting those grey hair and losing sleep? The answer starts with another question.
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