"I am a practicing chartered accountant. Holding Certificate of "Course on Goods and Service Tax" organized by ICAI. Having 3+ years post qualification experience in Income Tax, GST and auditing. You can reach out to me at caharshalisalvi@gmail.com. For regular updates follow my Facebook page https://www.facebook.com/salviassociates "
Understand the tax implications of Future & Options (F&O) trading. Learn how to report and maintain records for F&O transactions in your income tax return.
1. Insertion of New Section 206AB New section 206AB has been inserted by THE FINANCE ACT, 2021 NO. 13 OF 2021 Dated 28th march, 2021. The section is inserted w.e.f. 1st July, 2021. Section 206AB “Special provision for deduction of tax at source for non-filers of income-tax return” Section is Applicable 1. If person require […]
Analysis of sections providing concessional rate of tax (section 115BAA/ 115BAC/115BAD) The finance act 2019 introduced a new section 115BAA for domestic companies, which provides option to pay tax at concessional rate of 22% (Plus surcharge and Educational Cess). Further in line with the option provided to domestic companies, similar option is provided to Individuals/ […]
Is it mandatory to file ITR and audit report of the Trust/ institutes registered under Section 12A/ Section 12AA of Income Tax Act, 1961? For the Trust/ institutes registered u/s 12A/12AA*, Is it mandatory to file ITR and audit report of the Trust/ institutes registered u/s 12A/12AA*? let’s try to find answer step by step […]
A Brief about Form 10A and 10AB as per new Law on Registration of trust under Section 12A and Section 80G and Approval U/s 10(23C) and Section 35(1) The Finance Act, 2020 has made changes leading to complete overhaul in the registration process of charitable and religious organisations. The procedure for registration of every organisation […]
Hello all! Hope you all are doing well and safe at home. To sharpen the skills of members ICAI come up with online courses and publication. The publication was already available at ICAI site but on different places. So to give solution to problem of searching material at different places. A portal has been designed […]
