Compliance Calendar under SEBI for Relaxations due to COVID-19
National Stock Exchange of India Limited has issued a letter dated April 17, 2020 regarding the due date of relaxations in relation to compliance...
NAA held No Profiteering if base price remains same pre & post rate reduction
Anti-Profiteering has issued Order No. 19/2019 dated March 13, 2019 in case of Kerala State Level Screening Committee on Anti-Profiteering (Applicant) Vs. M/s. Somany...
TDS Rate on Fees for Technical Services reduced to 2% u/s 194J
As per Union Budget 2020, the TDS Rate on Fees for Technical Services reduced to 2% u/s 194J Income Tax Act, 1961 .Before this...
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....
GST Composition Scheme- Analysis (Updated FY 2020-21)
Since there have been many amendments in GST Composition Scheme from time to time, I am analyzing all affected provision of GST composition scheme...
Prospects for Economic Recovery Due to COVID-19 Outbreak
Covid-19 has already generated a sharp fall in global GDP and a rapid rise in unemployment, but what kind of recovery can we expect...
No exemption for ‘resident dwelling’ to collective leasing of property for student accommodation: AAR
AAR of Karnataka gave an important ruling dated March 23, 2020 regarding the taxability of services provided by the applicant in a case of...
Extension of time for Submission of Form 15G/Form 15H for FY 2020-21
The Central Board of Direct Taxes (CBDT) has allowed Extension of time for Submission of Form 15G/Form 15H for FY 2020-21 to avoid TDS...
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...
Download TDS Rate Chart for FY 2020-21 & AY 2021-22
This article covers- Latest TDS Rate Chart for FY 2020-21 & AY 2021-22, New Turnover limit for the purpose of TDS applicability as per...
EDITOR PICKS
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....
Works Contract under GST in India
There are lots of Queries regarding the transactions which are covered under Works Contract & which are not. In this Article we look on...
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...
Investment Options For Senior Citizens: Top 5 money-making investment tools for risk-free investors
Investment Options For Senior Citizens: A retired person can't work to earn more money, but with his wit and grit, the amount that he...
Income Tax on Salary-Old Vs New Regime: Opt Better for FY 2020-21
As the New Financial Year i.e. FY 2020-21 is going to begin, every salaried Individual is worried about the Tax Planning...
