From 1st April 2026, the Income Tax Act, 2025 replaces the 1961 Act for new transactions, bringing major changes to TDS/TCS compliance. Learn Form 138 filing rules, due dates, penalties and transition guidelines for FY 2026-27.
As per Sec 139(1) of the Income Tax Act, every assessee is required to file income tax return before the prescribed due date. However, if an assessee fails to ...
The Income Tax Department launched the new income tax portal with the assurance of a convenient, modern, and seamless experience. However, the reality is a far cry from the intended.
TRANSPORT OF GOOD BY ROAD(w.e.f 01-01-2005 Nofn. No. 33/2004, 34/2004, 35/2004 dt 03-12-2004) Scope: Goods Transport Agency: Means “any person” who provides services in relation to transport of good by Road and issues note, by whatever n
(Comptroller and Auditor General of India)Supreme Audit Institution of India The CAG of India is an authority, established by the Constitution of India, who audits all receipts and expenditure of the Government of India and the state go
Given below are the requirements, procedure and regulations involved during the formation of a Mutual Fund Main requirements under SEBI (Mutual Funds) Regulations, 1996: The following are the eligibility criteria for grant of a certificate of re
Tax Information Network (TIN), a repository of nationwide Tax related informationAbout TIN Introduction: Tax Information Network (TIN), a repository of nationwide Tax related information
The credit provisions under GST is an amalgam of the Cenvat Credit provisions with some aspects of ITC borrowed from VAT. The cross credit between State and...
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SC declares a certain part of the third proviso of section 254(2A) of the Income Tax Act, 1961 as being unconstitutional in the DCIT v. Pepsi Foods Ltd case.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English