Popular Articles

Krishi Kalyan Cess - FAQs

Posted by Bimal Jain 30 June 2016 13570 Views

FAQ on Krishi Kalyan Cess KKC to be levied at 0.5% on the value of all taxable services w.e.f June 1, 2016

Introspection of Amendments in Service Tax provisions via Budget 2016

Posted by CS Priyanka Gupta 04 March 2016 13569 Views

Hon�ble Finance Minister Sh. Arun Jaitley tables the Union Budget 2016 on 29 Feb-2016, citing that 0.5% of Krishi Kalyan Cess to be levied on all the services making the effective service tax rate 15% (i.e. 14% + Swachh Bharat Cess 0.5% + Krish

GST - How to tax a Free Lunch!

Posted by Shivakumar D 21 February 2017 13568 Views

A leading professional represented an NGO free of cost, and won a case. He is proposed to be taxed under GST. Can GST tax a service provided free of cost?

Taxability of Gifts: Sec 56(2)(X) of IT Act, 1961

Posted by CA Santhosh Gupta Kethepalli 20 March 2021 13565 Views

To prevent the practice of receiving a sum of money or the property without consideration or for inadequate consideration, section 56(2)(x) brings to tax any sum of money or the value of any property received by any person without consideration or the value of any property received for inadequate consideration.

Meaning of actual payment u/s 43B of income tax act 1961

Posted by CA, CPA (USA) Shikhar Garg 15 December 2021 13565 Views

This artice covers the meaning of Actual Payment under Section 43B of Income-tax act 1961

Monthly Recap: August 2020 GST Updates

Posted by CA Chanchal Jain 07 September 2020 13565 Views

GST department has come up with frequent updates in the month of August. This article summarizes all the updates including how these may benefit taxpayers.

Key Changes in The Taxation Laws (Amendment) Bill, 2019

Posted by Sujit Talukder 09 December 2019 13564 Views

This article discusses the key changes or differences in the provisions in the Taxation Laws (Amendment) Bill, 2019. Let's walk through all the changes.

Twist on the Reverse Charge Provisions for GTA

Posted by NITIN GOYAL 20 February 2018 13562 Views

Twist on the Reverse Charge Provisions for GTA In terms of Sr. No. 1 of paragraph 1 of Notification No. 13/2017- Central Tax (Rate) dated 28.06.2017, Central Go...

Income Tax Preparation Software in Excel for Non-Government Employees for FY 2023-24

Posted by Pranab Banerjee

12 December 2023 13562 Views

This article explores the realm of income tax preparation software in Excel, offering insights into its benefits, features, and a step-by-step guide for the fiscal year 2023-24.