The Food Safety and Standards Authority of India has extended the Submission of Annual Return through FoSCoS and waived the late fees for renewal of license up to 31st August 2021.
The section provides a threshold limit of Rs. 50 Lakh for a particular FY. This means tax is required to be deducted when the purchase of goods by a buyer from a seller exceeds Rs. 50 Lakh during any FY.
FM Nirmala Sitharaman on 28th June 2021 announced the Economic Relief Package due to the adverse impact of the second wave of the COVID-19 pandemic. Let us discuss the same.
The documents required to obtain GST registration depending on the types of business or constitution have been mentioned in this article.
CBDT has been conducting various to make citizens realise the importance of filing Income Tax Returns. In this article, the author lists 10 reasons why you should file an ITR and how it can benefit you.
The Finance Act, 2021 has introduced a new section called Section 194Q of the Income Tax Act 1961, which mandates the specified buyer to deduct TDS on the purchase of goods from the resident seller.
With hardly a few days left for the July 2021 CA Exams, students are anxious about their preparation and revision. Discussing some useful tips to ease out the anxiousness.
In this Taxalogue, the new provisions of TDS on purchase of goods, contained in section 194Q, applicable w.e.f. 1.7.2021, is being explained with the help of some easy to understand practical illustrations.
In these 4 years, GST has suffered more than 900 amendments through Notifications, Circulars and Press Release. So have these 4 years been a smooth ride or a roller coaster for taxpayers? Let us discuss.
The best students are not mandatorily those who are 'smarter', but those who use their time efficiently. If you plan days and weeks, time can be your friend, not your enemy.