Pankaj Gupta
In this List, you will get a series wise list of weekly newsletters on income tax and GST Updates from reliable Government Sources. No Matter if you don't have information about Govt. Tax services, Just Read the basics from trustworthy sources and go ahead.
Whether the Cross-border transaction is within the ambit of section 7 of CGST Act, 2017 and GST is payable on goods procured from vendor located outside India, where the goods so purchased are not brought into India?Here in this article, we would understand this with the help of rulings given by AAR Gujarat and AAR Kerala. Although, AAR is binding only upon the taxpayer seeking the ruling, however it becomes basis for adjudicating actions by the department.
Fake registrations were major concerns for the tax department, so GST applicability on the accounting entry made for the purpose of Ind AS requirements and actions by GST department to identify fake registrations.
Good News for Assessee’s whose Income Tax Returns are in default for last 4 Assessment Years due to pending verification of ITR -V. The CBDT on 13 July 2020, has extended a one-time relaxation for verification of e-filed income tax returns for assessment years 2015-16 to 2019-20.
Income tax return filing is very important and should be done from time to time. Some people who don't have the required info about income tax filling online or offline then it is recommended that they should get guide from a informative content. For this purpose a comprehensive guide to file an income tax return is available.
“HNI” are the persons or individuals who have a High Net Worth. They are extremely busy owing to a busy working schedule. Thus, owing to the paucity of time, they need a specialist to manage their compliances, tax planning, accounting & wealth management. HNI accounting and HNI Taxation services are for them.
Faceless assessment, Faceless Appeal Taxpayer charter. Three best initiatives by the Income Tax Department to make tax system hassle-free.
Want to know about Income tax? Here is the list of some important things that everyone must know like Income tax return, Income Tax due diligence and more.
Is it beneficial to taxpayers for Income tax Return filing by July 2020 or benefit of extension to November 2020 be sought by the taxpayers.
AAR Gujarat clarified that the value of exempted income like interest on PPF, savings & loans given in personal capacity, will be included along with the taxable supplies while computation of the Threshold limit for obtaining GST registration
Do you know GST is a perfect tool to boost Small and Medium-Sized Enterprises? If don't, Check important positive insights of one tax regime.
Get all information about income tax slabs, deductions, and exemptions in this article for the Financial Year 2020-21. All the points are simple and easy to understand for beginners.
