CAclubindia News

Budget 2024-25: Section 271FAA Amended for Automatic Exchange of Information (AEOI) Compliance

25 July 2024 at 09:16

Amendment of section 271FAA to comply with the Automatic Exchange of Information (AEOI) framework

Posted in Union Budget | 393 Views

Budget 2024-25: New Rules for Transfer Pricing of Domestic Transactions

25 July 2024 at 09:15

Determination of Arms Length Price in respect of specified domestic transactions in proceedings before Transfer Pricing Officer

Posted in Union Budget | 720 Views

Budget 2024-25: New Compliance Rules for Non-Resident Liaison Offices

25 July 2024 at 09:14

Submission of statement by liaison office of non-resident in India

Posted in Union Budget | 429 Views

Union Budget 2024: ICAI Welcomes Budget 2024-25 Focusing on Employment, Skilling, MSMEs and the Middle Class

25 July 2024 at 09:12

The Institute of Chartered Accountants of India (ICAI) welcomes the Budget that focuses on employment, skilling, MSMEs sector and Middle Class.

Posted in Union Budget | 2667 Views

Budget 2024-25: One-Month Grace Period for TDS/TCS Penalties from 1st April 2025

24 July 2024 at 10:08

Proposed amendment to Section 271H of the Budget 2024-25 offers a one-month grace period for TDS/TCS filings to avoid penalties, starting April 2025

Posted in Union Budget | 4296 Views

Budget 2024 Proposes Six-Year Limit on TDS/TCS Correction Statements

24 July 2024 at 10:06

Time limit to file correction statement in respect of TDS / TCS Statements

Posted in Union Budget | 3633 Views

Budget 2024-25: Exemption from TCS for Certain Entities Starting 1st October 2024

24 July 2024 at 10:05

Notification of certain persons or class of persons as exempt from TCS

Posted in Union Budget | 2535 Views

Budget 2024-25: Black Money Act Liabilities to be Settled Against Seized Assets from October 2024

24 July 2024 at 09:09

Adjusting liability under Black Money Act, 2015 against seized assets

Posted in Union Budget | 2103 Views

Section 80G Amendment: Tax Deduction for Donations to National Sports Development Fund w.e.f 1st April 2025

24 July 2024 at 09:08

The Government had set up the aforesaid fund by the name National Sports Development Fund w.e.f 12.11.1998.

Posted in Union Budget | 495 Views

Budget 2024-25: Enhanced Powers of Commissioner (Appeals) to Address Pendency from October 2024

24 July 2024 at 09:07

Considering the huge pendency of appeals and disputed tax demands at the Commissioner (Appeals) stage, it is proposed that the cases where assessment order was passed as best judgement case under section 144 of the Act, Commissioner (Appeals)

Posted in Union Budget | 276 Views