"18 February 2021" Archive

Income Tax searches 9 major Trusts registered in Bengaluru & Mangaluru

The Income Tax Department conducted search and seizure operation on 17.02.2021 on 09 major Trusts registered in Bengaluru & Mangaluru, which are running educational institutes including medical colleges. Searches were conducted at 56 different locations across Karnataka and Kerala....

Read More
Posted Under: Income Tax |

Income Tax Department conducts searches in Hyderabad

The Income Tax Department carried out search and seizure operation on a group based in Eluru on 28.01.2021 at 21 different locations across Andhra Pradesh and Telangana. The group entities are engaged in Film Financing, Aqua Culture, Real estate, Distribution of Films and Money Lending....

Read More
Posted Under: Income Tax |

ESIC beneficiaries to get medical care from nearby ESIC empanelled Hospitals

ESIC beneficiaries to get medical care from nearby ESIC empanelled Hospitals in case of non-availability of ESIC hospital or dispensary within a radius of 10 km. of their residence....

Read More
Posted Under: Income Tax |

GST Charcha on Union Budget 2021: Changes in scope of zero-rated supplies

This GST Charcha deciphers into recent changes in GST Laws made vide Clause No. 114 of the Finance Bill, 2021 to with respect to changes in scope of zero-rated supplies....

Read More
Posted Under: Income Tax |

Master Direction on Digital Payment Security Controls

Notification No. RBI/2020-21/74 DoS. CO. CSITE. SEC. No. 1852/31.01.015/2020-21 (18/02/2021)

Master Direction provides necessary guidelines for the regulated entities to set up a robust governance structure and implement common minimum standards of security controls for digital payment products and services....

Read More

Request for Extension of due date of GST Annual Return GSTR 9 and GST Audit 9C

Ref:- AIMTPA/030/20-21 (18//0/2/20)

With reference to above it is respectfully submitted on behalf of tax payers of the country that due to ongoing Covid-19 pandemic it is still not possible for the tax payers to comply in short Gap of the due date under the Direct tax, specially the due dates for GST annual returns and audit for the Financial year 2019-20, As the due date ...

Read More
Posted Under: Income Tax |

Penalty, Forfeiture of deposit & Liquidated damages not liable to Service Tax

CESTAT, New Delhi set aside the order holding that the amount received towards penalty, earnest money deposit forfeiture and liquidated damages would be tantamount to a consideration, for which service tax would be levied, passed by the Commissioner and held that, it is not possible to sustain the view taken by the Commissioner....

Read More
Posted Under: Income Tax |

What are the emergencies in which you will need a Personal Loan?

One of the top reasons why so many people apply for personal loans is medical emergencies. With rising health care costs, even those with health insurance have difficulty paying off their debts. Medical bills may exceed the coverage of insurance, or you may have to pay for elderly parents ’hospital bills that may not be covered by healt...

Read More
Posted Under: Income Tax |

Brief Summary – Standards on Internal Audit (SIA)

THE FIVE ‘I’ APPROACH FOR RISK ADVISORY & INTERNAL AUDIT 1. Innovation – Change is the only constant. 2. Interaction – For good ideas and true innovation, you need human interaction, disagreement, argument and debate. 3. Impact -The only limit to your impact is your creativity and commitment. 4. Information ...

Read More
Posted Under: Income Tax |

How to Prepare For Exam through CS Online Coaching?

One of the most searched questions usually asked by CS Candidates across India has been, Can I prepare for CS at home with the help of CS online classes? Our answer is- Yes. You recognize your goal is to be CS but are unsure of how and where to begin. Are conventional coaching the simplest […]...

Read More
Posted Under: Income Tax |

Search Posts by Date

February 2021
M T W T F S S
1234567
891011121314
15161718192021
22232425262728