Popular Articles

Sales Tax - AP Impact on all state businessman

Posted by Amit Jolly 24 May 2014 18073 Views

SPLITING OF ANDHRA PRADESH & ITS IMPACT ON BUSINESS WORKING As you all are aware that Andhra Pradesh is going to split into two new states on 02.06.2014 i.e. Telangana and New Andhra pardesh. Accordingly, in system there will be two two new busi

Relaxation in due dates for filing GSTR and year end activities to be carried out before 30 Sep 2020

Posted by Manasa Reddy Bonam 19 August 2020 18070 Views

Know the various GST Returns to be filed on or before 30/09/2020 and the compliance to be fulfilled before 30/09/2020

Section 44ADA- Presumptive taxation scheme for assessees engaged in eligible profession

Posted by CA Santhosh Gupta Kethepalli 04 August 2020 18069 Views

Scheme for presumptive taxation was introduced under section 44ADA from the F.Y.2016-17. Section 44ADA provides a simple method of taxation for Specified Small professionals. Earlier, the presumptive scheme of tax was applicable only for small business.

Shifting of registered companies under Co. Act,2013

Posted by CS DHANAPAL 06 April 2015 18067 Views

PROVISIONS AND PROCEDURE RELATING TO SHIFTING OF REGISTERED OFFICE UNDER THE COMPANIES ACT, 2013 Provisions regarding registered office of a company are primarily contained in Section 12 of the Companies Act, 2013. As per Section 12, every company i

Beware! No Entry for false entry in Income Tax and GST!!

Posted by CA Umesh Sharma 26 February 2020 18064 Views

Several cases of fraudulent claim input tax credit (ITC) have been caught by the GST authorities. Considering the same, in Union Budget 2020 it has been proposed to take massive steps to curb issuance of fake invoices. To curb issuance of fake invoices, New penalty section 271AAD has been proposed to be inserted in the Income Tax Act through Finance Bill, 2020.

FY 2018-19: Actions in September 2019 GST returns

Posted by CA Akshay Hiregange 08 April 2020 18063 Views

FY 2018-19: Actions in September 2019 returns

Tax deduction for salaried employees

Posted by Jitender Garg 15 March 2008 18063 Views

Tax deduction for salaried employees FOR salaried employees it is possible to get tax deduction from the employer in respect of investments made or amount spent in terms of the provisions contained in Section 80C of the Income-tax Act, 1961.The emplo

GST Taxpayers!! - Arise and Fight against Injustice of Interest Charged

Posted by CA Umesh Sharma 17 February 2020 18061 Views

CBIC asked the tax officers to collect tax on the Gross Tax Liability. Post this the taxpayers raised concerns that the interest should be calculated on the net tax liability as proposed in the Union Budget by the FM by way of amendment in Section 50 of the CGST Act, however, the CBIC clarified that the effect of such amendment will be prospective.