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...
FAQs on Corporate Social Responsibility (CSR) Related to Covid-19
MCA vide General Circular No. 15/2020 dated 10th April 2020 has issued FAQs on Corporate Social Responsibility (CSR) Related to Covid-19. Major Update: ‘Chief Minister’s Relief...
Date Extended For Opting for Composition Scheme for FY 2020-21- [Read Notification]
Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for opting for composition scheme for FY 2020-21 by normal taxpayers....
Impact of COVID-2019 on “10% ITC rule for availment of ITC”
As per CBIC sub-rule (4) in Rule 36 of the CGST Rules, 2017 w.e.f. 09.10.2019, a registered person can avail ITC in...
What is force majeure? The legal term everyone should know during Covid-19 crisis
By Poorvi Sanjanwala and Kashmira Bakliwal Apart from the devastating impact that COVID-19 continues to unleash on human beings and countries worldwide, its outreach has...
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...
Are you really saving your taxes? Know your Tax slabs & review your investment...
It’s that time of the year again, when our investments come again to the forefront. The investment receipts are all out, our inbox is...