Popular Articles

All about ITR-U i.e. Last chance to file ITR

CA.Sangam Aggarwal 11 January 2024 at 13:29

Taxpayers who had missed filing their ITR and in some cases taxpayer discover some omissions or mistakes in their ITR already filed and want to alter some information but they are unable to do so after 31 Dec of the next year. Income tax department under sections 139(8A) allows those taxpayers to file an updated return in prescribed form i.e ITR-U.

Life at CCI - Before and after being Featured

Sourav Banerjee MA,MSW 06 January 2012 at 12:11

Life at CCI - Before and after being Featured Visiting CCI has become a second nature for me. Every morning at 7.30 AM, I rush to my PC, log in to CCI and stay there till 9 AM when I would leave for office. In the evening, after coming back from my

Ease of doing business in India: An analysis

Affluence Advisory 02 July 2022 at 13:12

A favorable business environment is a prerequisite for the economic growth of a nation. A country like India which is among the fastest developing countries in the world has the potential to surpass the leading countries in terms of business.

New Timelines for Validity of Old 148 Re-Assessments Notices as per SC Judgement

Mayank Mohanka 06 May 2022 at 15:16

In this Article, the Author has tried to capture all the nuances and practical implications of the Hon'ble Supreme Court judgement on Validity of Old 148 Re-Assessment Notices, and gives a Clear and Unambiguous Picture & Guidance on the New Valid Timelines for Validity of such impugned Re-assessment Notices, in accordance with the directions given in the SC judgement.

Reporting of TDS or TCS Details in Tax Audit Report

Mitali 11 September 2024 at 15:07

The tax auditor must report specific details related to TDS compliance under four key sub-clauses. Check out what are those.

Revised Form DPT-3 for exempted deposits

Shashikant Sharma 15 September 2022 at 14:17

The revised part of Form DPT-3 mainly deals with Deposit accepted from Public. One significant change in respect of exempted deposits has also been made in the Form.

Income Tax Department's Eye on High-Value Credit Card Transactions

Sahil Jaiswal 27 September 2024 at 10:40

The Income Tax Department of India has been increasingly monitoring high-value credit card transactions as part of its efforts to curb tax evasion and ensure better tax compliance.

Changes in Annual Return GSTR-9

Kusum Gandhi 20 November 2019 at 10:19

Changes in Annual Return GSTR-9

Will profit on sale of a car used for personal purposes be taxable under the IT Act?

FCS Deepak Pratap Singh 29 November 2021 at 09:41

Whether the profit on sale of a car in personal use for 6 years be taxable under provisions of the Income Tax Act, 1961

Key Features of VAT in UAE

Varsha singh 25 January 2018 at 11:17

UAE is one of the Member States of the GCC. All GCC Countries have agreed to implement the VAT latest w.e.f. 01.01.2019 and in that direction, have already pass..