Articles by CA CMA Sagar Jaiswal

Compare Old vs New Tax Regime: Finance Bill 2025 Calculator

Posted by CA CMA Sagar Jaiswal 05 February 2025 2449 Views

Simplify income tax calculations! Compare Old vs New Tax Regime with our Finance Bill 2025 Excel sheet. Download now for easy, accurate tax planning.

New GST rate on various construction services from 18th July 2022

Posted by CA CMA Sagar Jaiswal 28 June 2023 87366 Views

The GST department has notified the GST rate revisions, recommended at the 47th GST Council meeting held on 28th & 29th June 2022. Correspondingly CBIC issued Notification No. 03/2022 on 13th July 2022 amending Notification no. 11/2017 dated 28th June 2017, wherein GST rates for various construction services have been revised.

TDS on sale of property under migrated E-filling portal

Posted by CA CMA Sagar Jaiswal 05 April 2023 13077 Views

As per section 194 IA of Income tax Act, 1961, TDS is applicable on sale of immovable property, if the consideration of property exceeds or equal to Rs. 50,00,000/- (Rs. Fifty lakhs). The rate of tax under the above section is 1% which is to be deducted and need to be deposited by buyer.

Reporting of dividend distribution by companies to the IT department under SFT reporting

Posted by CA CMA Sagar Jaiswal 15 May 2021 8040 Views

Section 285BA of the Income Tax Act, 1961 read with Rule 114E of Income Tax Rules, 1962 says certain persons are required to report a statement of financial transaction (SFT) or reportable account to the Income Tax Department.