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FAQ’s on Income Tax Form 27C

August 30, 2023 1875 Views 0 comment Print

On August 28, 2023, the Income Tax Department unveiled the most recent set of Frequently Asked Questions (FAQs) pertaining to Form 27C. As taxpayers grapple with their income tax obligations, these FAQs offer clarity and direction on how to approach Form 27C. Income Tax Department also informed that Functionality for Revision of Form 27C is now […]

Unlocking NRI banking: Key NRE account rules and tips

August 29, 2023 582 Views 0 comment Print

Discover the top six NRE account rules every NRI must know. Unlock the secrets of NRI banking in India with documents required for an NRE account and more.

CGST Navi Mumbai Cracks Down on Rs 5 Crore ITC Fraud

August 28, 2023 1281 Views 0 comment Print

CGST Navi Mumbai arrests key personnel from six firms, exposing a Rs 5.01 crore Input Tax Credit scam involving bogus invoices of about Rs. 30 crores

Revamped CBDT Income Tax Website: Features & Insights

August 28, 2023 1674 Views 0 comment Print

Explore new CBDT’s Income Tax website. Redesigned for mobile, featuring a Mega Menu, guided tours, and functionalities to compare Acts, Sections, and more.

CBI Cases: Superintendent of Customs & Companies Under Scrutiny

August 26, 2023 1050 Views 0 comment Print

CBI investigates a former Superintendent, Bond Section, JNCH Raigad & private firms over alleged conspiracies causing government revenue loss.

ICSI: Guideline for Marks Verification & Inspection/Supply of Answer Books

August 26, 2023 5714 Views 0 comment Print

ICSI now offers online application for inspection or supply of certified answer books for the June 2023 CS Exams. Check details, fees, and guidelines

Understanding the Indian Taxation System: A Comprehensive Guide

August 25, 2023 5943 Views 0 comment Print

Taxation is an important aspect of any country’s economic structure, and India is no exception. India adopts a well-organized taxation structure, meticulously designed to cater to different income groups and business scales.

Revision of interest rate of National Savings Recurring Deposit Scheme

August 23, 2023 1461 Views 0 comment Print

Ministry of Finance announces revised interest and repayment amounts for National Savings Recurring Deposit Scheme, 2023. Get the latest figures here.

Company Name Availability vs. Name Change under Companies Act, 2013

August 23, 2023 897 Views 0 comment Print

Learn distinctions between securing a company name under Section 4 and changing a name under Sec 13 of Companies Act, 2013. Explore processes and legal requirements

No Reassessment Solely on accommodation Entry Provider’s Statement: HC

August 23, 2023 915 Views 0 comment Print

Delhi High Court rules in the case of Movish Realtech Private Limited vs. DCIT. The court addresses the initiation of reassessment based on statements of accommodation entry providers in income tax matters.

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