In this article we look at the new profession which is an institution in the making, as it institutionalizes the legacy of the Turn Around Artist, the Insolvency Professional.
Below Procedure to take Foreign Tax credit (FTC) in India is Governed by Rule 128 of Income Tax Rules and Applicable form 01.04.2017. a. A resident assessee will be eligible to claim FTC if any tax has been paid by him in a country or specified territory outside India. b. Grant of FTC shall be […]
The Ministry of Corporate Affairs has recently notified that it would be conducting KYC (Know Your Customer) verification for Directors of all companies through a new eForm DIR-3 KYC. By filing DIR-3 eKYC form the Director would have to provide a unique personal mobile number and personal email address which would both be verified with an OTP code.
Company allot share Certificate by Private Placement or Right Issue or Preferential allotment have to issue the share Certificate within 60 days of allotment. After issue of shares, Stamp duty shall be paid to the government within 30 (Thirty) days from issue of Share Certificates.
This file compiles Due Dates for Financial Year 2018-19 of TDS Payment, TDS Return, GSTR1 Return, GSTR2, G5TR3B, G5TR4, PT Payment & Return EPF Return & Payment, ESIC, LWF (Mah), Advance Tax, IT Return, TAX Audit Report, and ROC Returns.
The GST Council held it’s 28th meeting recently and Shri Piyush Goyal, acting Finance Minister was the Chairman of this meeting. The Council took many decisions which are beneficial to the industry and business and which may serve as Diwali gifts to the consumers if the businessmen pass on the benefits of reduction in the rate of tax or increase in set off to them.
The CBDT has issued a directive to All Pr. Chief Commissioners of Income Tax seeking details of 2 least performing CsIT (Appeals). It is not specified as to what constitutes least performing. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi the 27th July, 2018 To, All Pr. Chief […]
This being the first quarter of the financial year, it is important, for all the people who want to receive interest without deduction of tax, to submit form no. 15G and 15G immediately to the banks Recently the in respect of particulars to be furnished and how to furnish these forms have been substantially amended. Let us discuss as to who can submit form no. 15G and 15H and the precautions to be taken while filing these forms.
Tax benefits to individual who are differently able, Parents who have dependents who are differently able including minor and certain benefits to private sector for providing employment opportunities to differently able
CA Neil Ganatra Any person responsible for paying income chargeable in the hands of recipient as ‘Salaries’ shall make TDS under section 192 of the Income Tax Act, 1961. The article discusses some basic aspects of the provisions of the section 192 related to deduction of TDS on Salary. The basic conditions that attract compliance […]
