Articles by Ishita Ramani

Compliance Check Functionality for Section 206AB & 206CCA

Posted by Ishita Ramani 22 July 2021 6325 Views

A new tax rule relating to TDS and TCS has come into force from 01.07.2021 under which, taxpayers who have not filed their ITRs for the past two FYs shall have to pay a higher tax.

Tax Deducted at Source: Provisions for TDS on Purchase of Goods

Posted by Ishita Ramani 18 July 2021 8004 Views

From 1st July 2021, apart from the current scope of TDS deduction applicable on the notified nature of payment of expenses, businesses are required to deduct TDS on the purchase of goods as well.

TCS On sale of Goods - New Income Tax Compliance w.e.f 1st October 2020

Posted by Ishita Ramani 13 July 2021 2633 Views

Every seller who has received any amount as sale consideration above Rs. 50 lakhs (limit to calculate from 1st April 2020) has to collect 0.075% of bill amount from such buyer, collect PAN and pay TCS every month.

Tax Compliance and Statutory due dates for the month of July, 2021

Posted by Ishita Ramani 08 July 2021 5216 Views

Discussing the Compliance Calendar for July 2021 in two parts i.e. Important Statutory due dates for the GST Returns and Important due dates for the Income Tax Compliance / PF / ESI Returns.

All about FCRA Registration Online in India

Posted by Ishita Ramani 02 July 2021 1534 Views

The full form of FCRA is Foreign Contribution Regulation Act. When any charitable institution such as Trust, Society and Section 8 Company, wishes to receive funds or donations from foreign entity/resources, they shall register themselves under the Foreign Contribution Regulation Act, 2010.

All you need to know about Surrender of IEC License

Posted by Ishita Ramani 24 June 2021 3739 Views

When the IEC holder voluntarily revokes his rights to use the IEC for whatsoever reason, it is said to be the IEC Surrender. If the IEC License is no longer in use then the same can be surrendered.

All about ROF registration in India: Everything you should know about Firm Registration

Posted by Ishita Ramani 10 June 2021 14563 Views

Discussing what is a Partnership Firm, the process for ROF (Partnership Firm) Registration, documents required for ROF registration and benefits of Firm (ROF) registration.

Tax Compliance and Statutory due dates for the m/o May, 2021

Posted by Ishita Ramani 29 April 2021 17533 Views

Here, we have prepared a Compliance Calendar in three parts, Compliance Calendar for GST Returns, Income Tax/PF/ESI Returns and LLP Annual Filing compliances lying in the month of May 2021.

Benefits of Investing in India: From an NRI or Foreigner’s perspective

Posted by Ishita Ramani 24 April 2021 1757 Views

Why an NRI should Invest in India? How investing in India would benefit an NRI or a Foreigner? In this article, you will find enough reasons why it would be beneficial for an NRI or foreigner to invest in India.

Compilation of all the ROC (Company) Filing Due dates for FY 2020-21 (AY 2021-22)

Posted by Ishita Ramani 13 April 2021 21235 Views

Here we have prepared a calendar for all the Important Statutory Due dates for Private Limited Company and Public Limited Company Annual Filing falling in and for the Financial year 2020-21.