Clarification- Some of our readers have objected to the use of Term Chartered Accountant (CA) for Late Yakub Abdul Razak Memon. The reason for their objection was that name of Late Yakub Abdul Razak Memon was removed from the Register of Members maintained by Institute of Chartered Accountant of India (ICAI) in 1993, so at […]
Taxpayers have appreciated the new initiative of Electronic Verification of the Income Tax Return through Aadhaar linkage and Net-banking and the testimonials affirm the user-friendliness and removal of the hassle of sending the paper copy of the ITR-V form to Bengaluru. Taxpayers have also reported that the process of e-verification shortens the time taken for […]
Deductor can promptly avail the Online Correction facility at web-portal TRACES, after receipt of “potential PAN/ Challan errors in TDS statement” through Intermediate Defaults Communication. Your corrective action during the course of processing of Original TDS Statements helps you immensely in following ways: Avoid TDS Defaults in the TDS Statements filed by you Avoid issuance […]
Punjab & Haryana High Court held in Alexandera School Vs CIT, Amritsar that if an educational institute had been run by a particular section of community then registration u/s 12AA could not be denied provided it was running to benefit all sections of society.
