Honourable PM Narendra Modi launched a platform for 'Transparent Taxation' for honouring the honest taxpayers on 13th August 2020. The platform brings in a transparent, efficient and accountable tax administration. It uses technology, Data Analytics and Artificial Intelligence.
Whether an Income Tax survey proceedings u/s 133A of the Income Tax Act’1961 can be converted into an Income Tax Search and Seizure action u/s 132 of the Income Tax Act ‘1961
The GST portal has come up with an offline utility of GSTR-4 (Annual Return) which has been made available for use since 06 August 2020.
In this article we will discuss the GST Implication on Bad Debts. Bad debts are not allowed for the reduction in GST liability.
An analysis of the latest notifications and circulars issued by CBDT in the month of July.
The Reporting Portal is an online platform provided by the Income Tax Department to reporting entities for the purpose of registering themselves with the department (ITD) and thus allowing them to submit the required statements to be submitted on the portal
Cost Inflation Index (CII) is a metric used in India. CII for FY 2023-2024 is 348. Check out the year-wise CII from 2001-02.
When a resident Indian gains non-resident Indian status, it is mandatory by the law to change the residential status in the bank accounts. FEMA rules for NRIs do not allow holding a savings bank account in India.
The Real Estate (Regulation and Development) Act (hereinafter referred to as the Act) came into force in 2016 with an objective to regulate the capital intensive market of the Real Estate Sector.
Private Placement Company needs funds to run its activities/business smoothly. Initially, the money comes from the subscription of the members.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English