Availment of ITC Credit for the Month of June-2021-How to Calculate 5% Provisional ITC in Form GSTR-3B as per the CGST Rule 36(4) Rule 36(4) restricts the availment of input tax credit beyond 5% of the ITC reflected in Form GSTR 2A/2B. However, as per Notification No. 13/2021-CT dated 1st May 2021 as amended by […]
As per the Income-tax Act, 1961, there is a requirement to furnish Form 15CA/15CB electronically. Presently, taxpayers upload the Form 15CA, along with the Chartered Accountant Certificate in Form 15CB, wherever applicable, on the e-filing portal, before submitting the copy to the authorized dealer for any foreign remittance.
Aanya Real Estate Pvt. Ltd. Vs DCIT (ITAT Mumbai) In M/s. Aanya Real Estate Pvt. Ltd. v. Deputy CIT [IT A No. 115/Mum/2020 decided on July 20, 2021] M/s. Aanya Real Estate Pvt. Ltd. (“the Appellant”) is a real estate company. During assessment, it was noted that the Petitioner had disclosed payment for Exchange Server […]
Learn how to link PAN with Aadhaar in the new e-filing portal and understand the benefits and applicability of filing income tax returns.
What should be the minimum age of a person to get directorship in a Company and the maximum age until which he can serve? Certainly, this is one of those questions which we often ignore, especially in case of Private Companies. However, it is pertinent to have conceptual clarity regarding the same. Now, let’s have […]
Facilitating platform to comply with higher rates of TDS & TCS under 206AB and 206CCA Finance Act 2021 introduced two new section 206AB and 206CCA of Income tax Act 1961 ’the Act’ with effect from 1 July 2021. The object being to increase the timely filing of income tax returns by resident assesses or non-resident […]
The COVID-19 pandemic has’ had a global impact in the past two years and continues to hit most sectors, with education being one of the hardest hit. Students from all over the world are losing valuable time in their education out of fear of the pandemic during the lockdown imposed. The situation forced institutions to […]
If you are just starting your search for a query regarding the preparation of CS Executive Taxation Laws, then this blog will help you with some tips to gain confidence for your preparation. How to put together for taxation in the CS executive exam is often asked through CS executive aspirants. You would already know […]
This article briefly talks about the Macroeconomic reasons which are closely aligned and in sync with fiscal policy & taxation regimes and its after-effects. A detailed explanation which is placed on record to show that the tax reliefs given by the government, has only led to a fiscal and economic collapse which the Nation and its citizens can’t ill afford to face at this juncture.
National Logistics Excellence Awards Government launches National Logistics Excellence Awards; Awards will give due recognition to various players involved in the logistics supply chain; Awards will an opportunity to laud the extraordinary measures taken by Organizations to address the deficiencies exposed by the COVID-19 pandemic. The awards are in two categories, the first group includes […]
