TDS Certificates for Nil/Low TDS rates are valid till 30.06.2020
Recently, CBDT has clarified that there is Nil or Lower Rate TDS/TCS certificate issued for a particular period in...
Income Tax slab for AY 2020-21/ FY 2019-20
In this article we have analysed Income Tax slab for AY 2020-21/ FY 2019-20 in details:
Table Of...
Partial Roll Back of Tax Residency Rules For Individuals
Like most other countries, India also considers the number of days spent by the individual in India to determine the tax residency status of...
Benefits of MSME Registration: Eligibility & Detailed Guide
MSME (Micro, Small and Medium Enterprises) are the business entities that drive our economy at grassroots level and contribute to its...
TDS payment due date for FY 2020-21 and AY 2021-22
This article covers TDS payment due date for FY 2020-21 and AY 2021-22, Due dates for TDS quarterly Returns, Interest on late payment and...
Form 15CA & Form 15CB for Payments to NRIs
While making payments to NRI’s outside India, One such compliance is to submit "Form 15CA & Form 15CB for Payments to NRIs" , when...
How To Determine Residential Status in India
Like most other countries taxability of an individual in India depends upon his residential status in India. Determination of Residential status in India is very...
Section 269SU: Applicability & Exemption to B2B Businesses
What is Section 269SU of Income Tax Act ?
To promoting cashless economy and give boost to...
CBDT Re-issues Clarifications With FAQs on Vivad Se Vishwas Scheme
CBDT Re-issues Clarifications With FAQs on Vivad Se Vishwas Scheme which is modification of circular no 7 of 2020 dated 4th March 2020.
During the...
No Interest on delayed GST payments made through ITC: Madras High Court
The Hon’ble Madras HC in its recent decision in the case of Refex Industries Limited v. The Assistant Commissioner of CGST & Central Excise has...
EDITOR PICKS
Key highlights from RBI press meet as on 17th April 2020
RBI is monitoring the situation very closely and has been and will continue to make changes as and when required. These are second such...
Revised (2020) Minimum Recommended Fees for Assignments done by the CA [Download Pdf]
ICAI has issued revised (2020) minimum recommended scale of fees for the professional assignments done by the Chartered Accountants for Class ‘A’, Class ‘B’...
Non-Deduction of TDS on Payment made to a Transporter u/s 194C(6): Transporter Declaration Format...
The Finance Bill 2015 of Budget 2015-16 has amended section 194C(6) related to deduction of tax at source on payments made to a transporter....
How To Determine Residential Status in India
Like most other countries taxability of an individual in India depends upon his residential status in India. Determination of Residential status in India is very...
Cabinet approves scheme for Remission of Duties and Taxes on Exported Products (RoDTEP)
Cabinet approves scheme for “Remission of Duties and Taxes on Exported Products (RoDTEP)” to boost exports Scheme for enhancing Exports to International Markets
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