Discussing Section 194I of the Income Tax Act, which lays down provisions for TDS on Rent, including its meaning, payment covered, rate of tax and exemptions to the provision.
I humbly request the Hon'ble ICAI to give due consideration to these suggestions & work in favor of our beloved profession.
Introduction: In order to curb tax evasion of selected notified commodities which are brought into the State and sold without
The Central Board of Direct Taxes (CBDT) has given one-time relaxation for the verification of e-filed ITRs, which are pending e-verification. The decision was taken amid complaints of glitches in the e-filing portal of the income tax department.
A Division Bench of the Kerala High Court considered the validity of section 17D(5) of the Kerala General Sales Tax Act, 1963. The said provision provided that appeals against the assessment orders issued under the fast track method shall lie wit
Notices are issued by the income tax department under the various provisions of the Income Tax Act to the assesses with the purpose to assure greater tax compliances. The notices are covered under section 142 of the income tax act.
ITC means reducing the taxes paid on inputs from taxes to be paid on output. When any supply of services or goods is supplied to a taxable person, the GST charged is known as Input Tax.
ARE THESE STATUTORY DUE DATES REALLY PAINFUL? Our Government’s bonhomie towards taxpayer with respect to Tax compliance is generally felt very less by many of us. There are numerable due dates for reporting and payment of taxes and duties. T
Some dates relating to AGM and CFSS Scheme are highly debatable and there exists a big confusion in the extended dates. Let us discuss those.
Understanding the meaning of supply is important to be able to appreciate the GST Law as all supplies are taxable.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English