INCOME TAX COMPLIANCE BLOG

New Regime of Income Tax Search and Seizure Assessments - Glaring Implications. The Hon’ble Union Finance Minister Nirmala Sitharaman

305th issue of Tax Connect. Circular No 12 of 2021 - States Extension Of Time Limits Of Certain Compliances To Provide Relief To Taxpayers

Notification No. 28/2021 – Central Tax. In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017

CBDT Notified Rule 8AB. In exercise of the powers conferred by section 48 read with section 295 of the Income-tax Act, 1961 (43 of 1961)

Latest TDS/TCS Related Amendments Taxation is the price which civilized communities pay for the opportunity of remaining civilized

Facing Block Credit Under GST Rule 86A & Notices for GSTR 2A & 3B Mismatch. Taxpayers throughout the country are receiving multiple notices

RTI revealed that the Government levied Zero penalty on Infosys. Due to non-function and technical The GST Council does not collect any penalty issue

Top 10 Income Tax Courses in India Taxation is a complex balance of revenue collection, bringing prosperity and liquidity in the hands of the public

Accounting procedure of e-commerce operators and applicability of sec 52 of GST (TCS) E-commerce is facing a lot of issues in GST. There are unanswered

Online filing of AEO T2 and AEO T3 applications: Launch of Version 2.0 of the web application for filing, real-time monitoring, and digital certification

Multi-Disciplinary Partnership Firms allowed from now on. CAS can have partnerships with CMAs and CSs. Whereas certain draft regulations further to amend

Best Salary Structure to Save Income Tax. Most of the salaried people are envious of the self-employed because they receive their salary after deduction

15 Reasons Why We Should File an ITR. An income tax return is an assessment of the income of a taxpayer. This is an annual statement.

Applicability Of Section 194Q This section would be applicable from 1st July 2021 CBDT issued its clarifications regarding this section

An interim restraining order against Sec 194N (TDS provision on cash withdrawal ).Tax Deduction at Source (TDS) under section 194N of the Income Tax Act

306th Issue of Tax Connect. Director-General of Income-tax (Systems), New Delhi shall be the specified income-tax authority for furnishing information

Handbook on Corporate Insolvency Resolution Process under The Insolvency and Bankruptcy Code, 2016: ICAI. The handbook will be useful for professionals

Delhi HC in the case of Anju Jalaj Batra Versus National E-Assessment Centre Additional Joint Deputy Assistant Commissioner Of Income Tax Officer.

Faceless Assessment and Appeal. Budget 2018-19 – “We had introduced e-assessment in 2016 on a pilot basis and in 2017, extended it to 102 cities

 9 Investment Options to Save Income Tax. There are many sections in the Income-tax act that give exemptions and deductions

A Handy Checklist of Various Compliances to Be Completed Till 31 July 2021 Due to the disastrous second wave of the Covid-19 pandemic, in order to reduce

Memorandum To Hon. Fm On Gst Problems Memorandum to solve the problems faced by the common taxpayer in complying with GST

Order passed at the time when Income Tax Portal was dysfunctional, Assessment Order was set Aside.Delhi High Court in One Mobikwik Systems Private Limited

307th Issue of Tax Connect. CBDT Notified The Rules Further To Amend The Income-Tax Rules, 1962 Vide Notification Dated 77/2021 Dated 7th July 2021.

composition dealers in GST file CMP 08 quarterly. payment is made via this challan.GSTR 4 is still required to be filed but only once in a year.