Taxpayers Articles

Medical expenses cannot be carried forward for tax deduction benefit

Member (Account Deleted) 25 May 2020 at 10:09

A deduction is available under Section 80DD of the I-T Act to a resident taxpayer, if he has incurred expenses for medical treatment, training, and rehabilitation of a dependant parent, with disability

The first tranche of the Rs 20 lakh crore economic package

CA Kailash Kumar Pareek 15 May 2020 at 10:25

The first tranche of the Rs 20 lakh crore economic package

Relaxation in statutory and compliance matters announced by the FM

ACA Sarita Laddha 15 May 2020 at 10:25

Relaxation in statutory and compliance matters announced by the FM

Relief provided by Regulatory Authorities relevant till 30 June due to COVID 19

Sandeep Rawat 04 May 2020 at 16:55

Relief provided by Regulatory Authorities relevant till 30 June due to COVID 19

How is Coronavirus Pandemic Affecting the Indian Economy?

Biswajit Mishra 27 April 2020 at 10:48

Coronavirus is impacting the Indian economy up to a great extent and it is affecting the Indian industries too. In the imports, India's dependence on China is enormous. Of the top 20 goods (at the two-digit HS Code) that India imports from the world, China accounts for a large share of the total.

File ITR and GST return due date extended

CA Vivek chaudhary 25 March 2020 at 10:28

The due date to file Income Tax Return for FY 18-19 has been extended to the 30th June 2020 and the due date to file GSTR-3B due in the month of March, April, and May has also been extended to the 30th June 2020. The due date for filing GST Annual Return for the FY 18-19 has also been extended to the 30th June 2020