Articles by Poojitha Raam Vinay

Show Cause Notice Under GST Act

Poojitha Raam Vinay 12 August 2022 at 16:47

Show Cause Notice (SCN) is a warning or notification issued by a Courts, Competent Authorities or an Organization for an identified default demanding a tax payer to explain or to "show cause" in writing as to why the disciplinary/penal action should not be taken against the taxpayer for the identified defaults.

Buy an Electric Vehicle and Claim Exemption under Income Tax Act

Poojitha Raam Vinay 19 July 2022 at 08:44

A new section 80EEB was inserted from AY 2020-21 to claim an exemption on the interest portion of the loan taken to purchase an electric vehicle.

Errors in AIS on IT Portal? How to Handle it?

Poojitha Raam Vinay 12 July 2022 at 16:30

One of the important documents for verification while Tax filing is the Summary statement of AIS. The Annual Information Statement (AIS), launched last year, is a comprehensive statement containing details of 46 of the financial transactions like Income, Investment, Expenditure happened in a particular Financial Year.

History and Significance of CA Day

Poojitha Raam Vinay 01 July 2022 at 08:54

Taking pride in being a part of the Institute, Wishing all the Chartered Accountants and Budding Chartered Accountants, "A Very Happy CA Day."

New TDS Rules to affect Social Media Influencers and Doctors

Poojitha Raam Vinay 27 June 2022 at 14:08

The new TDS section 194R introduced in the Budget, 2022 shall be applicable from 1st July, 2022, requiring a deduction of 10% by any person (resident or non-resident) who provides benefit or perquisite to a resident person in a year exceeding Rs 20,000 shall be liable for TDS under section 194R.