Sponsored
    Follow Us:

Archive: 10 May 2020

Posts in 10 May 2020

Join Us for an Exclusive Webinar: GST on Corporate Guarantees

December 4, 2024 2559 Views 0 comment Print

Join us on 8th Dec for a live webinar on GST and corporate guarantees. Learn valuation, co-guarantor liability, cross-border impacts, and practical examples.

Course on Mastering GST Sections Effortlessly with Memory Techniques!

November 28, 2024 5202 Views 0 comment Print

Simplify GST learning with memory techniques. Join live sessions, master CGST sections, and retain knowledge effortlessly. Register now for practical GST mastery!

Composition Levy under GST- Detailed Analysis

May 10, 2020 141153 Views 17 comments Print

Article covers Limit under Composition scheme, What is Aggregate Turnover, Person not entitled to avail Composition scheme under GST, Condition & restriction for levy of composition scheme (under Rule 5 of chapter II of CGST Act 2017), Form to be submitted, Composition Rate of Tax, Penalty for delay in filing GSTR -4, Important Notes and […]

Coronavirus Cess on Liquor- A Double-Edged Sword

May 10, 2020 2088 Views 0 comment Print

In the times of stress and depression, Consuming liquor has been an orthodox way of forgetting sorrows and running away from the hardships of reality. No wonder there are long queues and huge crowds outside liquor shops after the Government of India (GOI) has relaxed some of the lockdown rules, the tensity that people are […]

Case Studies on Full Value of Consideration- Sec. 50C & Reference to Valuation Officer Sec. 55A

May 10, 2020 69905 Views 12 comments Print

SECTION 50C – SPECIAL PROVISION FOR FULL VALUE OF CONSIDERATION IN CERTAIN CASES Applicability of Section 50C As per Sec 50C, where the consideration received or accruing as a result of the transfer of land and/or building is less than the value adopted or assessed or assessable by an authority of the state govt. for […]

Analysis of Section 41(1) of Income Tax Act, 1961

May 10, 2020 519412 Views 21 comments Print

In business there are circumstances where a person might have incurred a liability but later on he need not have to pay it for one or other reason. The Income Tax Act brings to tax such liabilities which are no more payable.

Detailed discussion on Section 194-IA

May 10, 2020 20410 Views 13 comments Print

As we all aware that Finance Act, 2013 has introduced Section 194IA. The main reason behind it is to curb black money which is routed through real estate sector. Today I am discussing this section in detail. Extract of Section 194IA: “Payment on transfer of certain immovable property other than agricultural land. 194-IA. (1) Any person, […]

All about Income Tax Settlement Commission

May 10, 2020 67430 Views 1 comment Print

Explore the role and functioning of the Income Tax Settlement Commission in resolving complex tax cases and reducing litigation.

How to File Income Tax Return of a Deceased Assessee?

May 10, 2020 224352 Views 59 comments Print

In this article, I will discuss the step by step process to file Income Tax Return (ITR) of a deceased. For better understanding I have uploaded Screenshots, however, I have strike through some portion of the image to keep the Details of Legal Heir as well of Deceased confidential. The whole Process is divided into 2 parts,

Tax benefits from Investment in Mutual Funds

May 10, 2020 21399 Views 11 comments Print

Let me begin by describing the meaning of a Mutual Fund. It is a financial product that pools money of different individuals and invests on their behalf into various assets such as equity, debt or gold as per the objective of the scheme. Based upon the investor’s financial goals and risk appetite, there are several funds to choose from.

How to Download Form 16 Part A from TDS CPC website

May 10, 2020 515335 Views 37 comments Print

As we all know that when we file TDS return of salary i.e. Form 24Q, we are always have a confusion as to now how to get Form 16 (Part A and Part B) both together? How we can apply for the same? Hence today I am covering this so that enlighten you all with […]

How to download Form 15G / 15H

May 10, 2020 131035 Views 0 comment Print

As we all aware that tax payers seeking non-deduction of tax from certain incomes are required to file a self-declaration in Form 15G or Form 15H as per the provisions of Section 197A of the Act. The manner of filing such declarations and the particulars have been laid down in Rule 29C of the Income-tax Rules, 1962 (‘the Rules’). Today I am covering here the process of filing Form 15G or Form 15H online.

Sponsored
Sponsored
Search Post by Date
December 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031