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Sanket Bakshi

Latest Posts by Sanket Bakshi

Unlocking Income Tax Portal 2.0

June 15, 2021 18834 Views 28 comments Print

The Income Tax Department launched the new completely revamped Income Tax Website 2.0. Now, there is a lot of discussion on the social media whether this update was really required or not or regarding the multiple issues which everyone is facing. The old website was project was proposed in 2006 and launched sometime in 2007. […]

Interplay of TDS & TCS on sale of Goods & challenges that await

May 7, 2021 18960 Views 4 comments Print

The Hon’ble Finance Minister in her budget speech for 2020 had introduced sub-section (1H) to the provisions of Section 206C, thereby including sale of goods under the ambit of TCS subject to specific conditions. The initial date of roll out of this provision was 1st of July 2020 which was then extended to 1st Oct. […]

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