"10 January 2020" Archive

Section 194C – TDS on Contractors

01/01/1970

The present article briefly covers the important provisions relating to TDS section 194C of the Income Tax Act along with the Frequently Asked Question....

Read More
Posted Under: Income Tax | ,

SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2020

Notification No. SEBI/ LAD-NRO/GN/2020/02 10/01/2020

Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2020. SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 10th January, 2020 SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2020 No. SEBI/ LAD-NRO/...

Read More

GSTR-1 Late Fees for Pending Returns-Confusion and Clarificaion

01/01/1970

There is a confusion on calculation of Late fees on GSTR-1 for the pending returns which are still not filed up to 10th of Jan. 2020 and question is asked about calculation of Late fees on GSTR-1 which will be filed after 10th Jan 2020. The Notification No. 4/2018–Central Tax Dated 23rd January 2018 is […]...

Read More
Posted Under: Income Tax |

Specialized Construction Services under GST

01/01/1970

Meaning of Specialized Construction Services:  Specialized Construction Services means services related to parts of buildings or civil engineering works rather than the complete construction Services under GST Scenario. These following services are classified as ‘Specialized Construction Services’ under GST Scenario. 1. Services ...

Read More
Posted Under: Income Tax |

Face Less Assessments -Digitization of Income Tax Assessments

01/01/1970

In the interest of revenue and to facilitate bonafide and hassle free assessment proceedings both on the part of assesse and department, CBDT has introduced E-Assessment scheme, 2019. let’s look at the backdrop and framework of the scheme as issued through notification no. 61/2019 and 62/2019....

Read More
Posted Under: Income Tax |

Release goods on deposit of requisite amount & bank guarantee: HC

ABB India Ltd. Vs Union of India (Gujarat High Court)01/01/1970

we are inclined to pass an interim order for the release of the goods and the vehicles. We direct the writ ­applicant to deposit an amount of Rs.50,40,972/­ towards the tax with the respondent no.2 and the balance amount of Rs.50,40,972/­ towards the penalty shall be in the form of a bank guarantee of any nationalized bank. On deposit ...

Read More

Procedure for Private Placement of Non Convertible Debentures (NCDs)

01/01/1970

Procedure for Private Placement of Non Convertible Debentures (NCDs) under Companies Act, 2013 This procedure is to be followed in case the issue will be within the borrowing limit of the Company as prescribed under Section 180(1)(C) of the Companies Act, 2013. Sr. No. Particulars What to do Timeline Documents/ Forms 1. Point to be [&hell...

Read More
Posted Under: Income Tax |

TDS Rates | A.Y 2020-21 | Salary, Rent, Brokerage, Contract, Professional Fees

01/01/1970

In this article, we look at transactions that require TDS deduction and the TDS rates for AY 2020-21. In some transaction, the person making payment is required to deduct tax at source (TDS) while making payment....

Read More
Posted Under: Income Tax |

ICDS-VI | Effects of changes in Foreign Exchange Rates

01/01/1970

1. ICDS will applicable for computation of income chargeable under the head PGBP or Other Sources. 2. In case of conflict between the provisions of the income tax act and ICDS, the provision of act shall prevail....

Read More
Posted Under: Income Tax |

‘Saving more’ continues to be the top financial goal of Indians in 2020

01/01/1970

YouGov’s latest research reveals that ‘Savings’- either starting to save or increasing one’s current savings is the main financial goal of more than a third of urban Indians (37%) in 2020. Following this, ‘Starting or increasing investment’ (28%) and ‘Securing self or family through insurance’ (22%) were ranked as the mai...

Read More
Posted Under: Income Tax |

Search Posts by Date

April 2021
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930