Advance Tax

Calculation of Interest under section 234B- Vivacious

Income Tax - In this article we will discuss vivacious calculation of interest u/s 234B for default in payment of advance tax. Before proceeding ahead, it is indispensible to understand the provisions of Advance tax as pact in Sec. 207 & Sec. 208 of the Income Tax Act, 1961....

Read More

Pay your 4th & last installment of Advance Tax by 15th March, 2020

Income Tax - Thank you Taxpayers … Your Income Tax is making it possible for more Indians to access quality healthcare. Pay your 4Th & final installment (100% of Advance Tax) for FY. 2019-20 by 15th March, 2020 Taxpayers liable to pay Advance Tax Any assesses, including salaried employee, whose tax liability for the financial year as reduced...

Read More

Second Installment of Advance Income Tax -Due Date – 15th September 2019

Income Tax - When payment of Advance Income Tax is necessary? If the Income tax liability of any assessee, for the Assessment year 2020-21 (Financial Year 2019-20) i.e. for the year from 1st April, 2019 to 31st March, 2020 is, likely to exceed Rs.10,000/-, then payment of Advance Income Tax is mandatory. If a company does not have […]...

Read More

Advance Tax Under Income Tax – A Complete Guide

Income Tax - With the soon emerging payment of last installment of advance tax for the current financial year 2018-2019, which is due on 15th March for all the assessee (other than 44AD and 44ADA assessee) and 31st March for assessee who are paying tax under section 44AD and 44ADA, let understand the entire concept of advance tax […]...

Read More
Sorry No Post Found

GST on medicines, implants used while providing health care services

In re Alcon Resort Holdings Pvt. Ltd. (GST AAR Goa) - In re Alcon Resort Holdings Pvt. Ltd. (GST AAR Goa) In the instant case, the applicant provides health care services by way of appropriate diagnosis, appropriate medicines as well as relevant consumables or implants as part of treatment under supervision of qualified doctors till discharge. Therefor...

Read More

Upgrading navigability of Mandarmoni River is exempt supply under GST

In re Dredging and Desiltation Company Private Limited (GST AAR West Bengal) - The recipient is engaged in the development of fisheries. The term 'fisheries' is typically defined in terms of the people involved, species or type of fish, area of water or seabed, method of fishing, class of boats, the purpose of the activities or a combination of the preceding features....

Read More

GST on Turbine Generator set to execute waste to energy project awarded by Govt

In re M/s Triveni Turbine Limited (GST AAAR Karnataka) - In re M/s Triveni Turbine Limited (GST AAAR Karnataka) The appallate authority for advance ruling has set aside the rulings passed under section 98(4) of the CGST Act 2017 vide NO.KAR.ADRG 28/2018 dated 17/11/2018 i.e. Contention of the appeallant is allowed based on the Circular No 80/54/2018-GST d...

Read More

CBDT extends due date of Advance Tax for North Eastern Region

Extension of date of Direct Tax payment in respect of third installment of advance tax for FY 2019-20 Considering the large-scale disruption of Internet Services in the North Eastern States-Assam, Tripura, Arunachal Pradesh, Meghalaya, Nagaland, Manipur and Mizoram,  the Central Board of Direct Tax...

Read More

Recent Posts in "Advance Tax"

Calculation of Interest under section 234B- Vivacious

In this article we will discuss vivacious calculation of interest u/s 234B for default in payment of advance tax. Before proceeding ahead, it is indispensible to understand the provisions of Advance tax as pact in Sec. 207 & Sec. 208 of the Income Tax Act, 1961....

Read More
Posted Under: Income Tax |

Pay your 4th & last installment of Advance Tax by 15th March, 2020

Thank you Taxpayers … Your Income Tax is making it possible for more Indians to access quality healthcare. Pay your 4Th & final installment (100% of Advance Tax) for FY. 2019-20 by 15th March, 2020 Taxpayers liable to pay Advance Tax Any assesses, including salaried employee, whose tax liability for the financial year as reduced...

Read More
Posted Under: Income Tax |

CBDT extends due date of Advance Tax for North Eastern Region

Extension of date of Direct Tax payment in respect of third installment of advance tax for FY 2019-20 Considering the large-scale disruption of Internet Services in the North Eastern States-Assam, Tripura, Arunachal Pradesh, Meghalaya, Nagaland, Manipur and Mizoram,  the Central Board of Direct Taxes, in exercise of powers conferred unde...

Read More

Second Installment of Advance Income Tax -Due Date – 15th September 2019

When payment of Advance Income Tax is necessary? If the Income tax liability of any assessee, for the Assessment year 2020-21 (Financial Year 2019-20) i.e. for the year from 1st April, 2019 to 31st March, 2020 is, likely to exceed Rs.10,000/-, then payment of Advance Income Tax is mandatory. If a company does not have […]...

Read More
Posted Under: Income Tax |

GST on medicines, implants used while providing health care services

In re Alcon Resort Holdings Pvt. Ltd. (GST AAR Goa)

In re Alcon Resort Holdings Pvt. Ltd. (GST AAR Goa) In the instant case, the applicant provides health care services by way of appropriate diagnosis, appropriate medicines as well as relevant consumables or implants as part of treatment under supervision of qualified doctors till discharge. Therefore, medicines, implants etc. used in the ...

Read More

Upgrading navigability of Mandarmoni River is exempt supply under GST

In re Dredging and Desiltation Company Private Limited (GST AAR West Bengal)

The recipient is engaged in the development of fisheries. The term 'fisheries' is typically defined in terms of the people involved, species or type of fish, area of water or seabed, method of fishing, class of boats, the purpose of the activities or a combination of the preceding features....

Read More

GST on Turbine Generator set to execute waste to energy project awarded by Govt

In re M/s Triveni Turbine Limited (GST AAAR Karnataka)

In re M/s Triveni Turbine Limited (GST AAAR Karnataka) The appallate authority for advance ruling has set aside the rulings passed under section 98(4) of the CGST Act 2017 vide NO.KAR.ADRG 28/2018 dated 17/11/2018 i.e. Contention of the appeallant is allowed based on the Circular No 80/54/2018-GST dated 31.12.2018, at Para 11, has clarifi...

Read More

Advance Tax Under Income Tax – A Complete Guide

With the soon emerging payment of last installment of advance tax for the current financial year 2018-2019, which is due on 15th March for all the assessee (other than 44AD and 44ADA assessee) and 31st March for assessee who are paying tax under section 44AD and 44ADA, let understand the entire concept of advance tax […]...

Read More

Browse All Categories

CA, CS, CMA (4,471)
Company Law (5,369)
Custom Duty (7,622)
DGFT (4,113)
Excise Duty (4,323)
Fema / RBI (3,973)
Finance (4,171)
Income Tax (31,940)
SEBI (3,318)
Service Tax (3,515)

Search Posts by Date

February 2020
M T W T F S S
« Jan    
 12
3456789
10111213141516
17181920212223
242526272829