Follow Us:

Articles

ESOP by unlisted public company and private company

June 11, 2022 15606 Views 0 comment Print

Unlock the potential of Employee Stock Option Schemes (ESOS) and Employee Stock Purchase Schemes (ESPS) for unlisted public and private companies under the Companies Act, 2013. Learn the eligibility criteria, procedures, and income tax implications. Stay informed about the valuation of shares and key provisions for a seamless implementation.

GST on Health care services (Wellness package) with accommodation facility

June 11, 2022 4023 Views 0 comment Print

The package offered by the applicant, as evident from their website indicates that the therapy offered by them is strictly on a residence basis. The same is evident from the fact that the consideration is solely dependent on the type of room opted by his customer.

What to Do when TDS Not Reflected in Form 26AS

June 10, 2022 159303 Views 10 comments Print

Discover solutions when TDS doesn’t reflect in Form 26AS. Learn how to resolve Tax Credit Mismatch with reasons, corrective actions, and the taxpayer’s remedy. Explore the judicial stance, statutory provisions, and CBDT’s guidance. File grievances and ensure TDS credit rightfully.

Income Tax Implications where Contract (JDA) is not Registered

June 10, 2022 48870 Views 0 comment Print

Understanding Income Tax implications in unregistered Joint Development Agreements (JDA). Explore the tax challenges pre-Finance Act 2017 and the impact of Section 45(5A) introduced to ease hardships for landowners. Stay informed on taxation aspects in property development.

GST Notices & Possible Solutions

June 10, 2022 22839 Views 0 comment Print

In the past 2 years there has been a spike in the number of GST notices. This is on account of completion of audit within time lines, data analytics being performed by the department, the recent slew of fake invoicing/fake ITC claim cases, and many more.

CBIC applied air brakes on arbitrary collection of taxes by using coercive measures

June 10, 2022 2067 Views 0 comment Print

CBIC puts brakes on arbitrary tax collections through coercive measures in GST enforcement. Recent instructions curb undue force, ensuring fair procedures. Learn about the impact on taxpayers and disciplinary actions.

No denial of Refund If Export Supply misreported in GSTR-3B

June 10, 2022 11403 Views 1 comment Print

It is the specific case of the petitioner that though the petitioner had correctly declared the details in the monthly returns in Form GSTR-1 regarding the exports made by the petitioner on payment of tax by debiting the input tax credit, a mistake was committed by the petitioner in GSTR-3B.

Taxability of Annuity payments under BOT model: A Legislative History

June 10, 2022 4398 Views 0 comment Print

Road projects in India are classified as Build-Operate-Transfer (‘BOT’) toll, BOT-Annuity, Engineering, Procurement and Construction and Hybrid Annuity Model

Understanding Different Types of Term Insurance Plans

June 10, 2022 951 Views 0 comment Print

Unlock the world of Term Insurance Plans! Understand the nuances of Level Term, TROP, Increasing Term, Convertible Plans, Riders, Decreasing Term, and Group Term options. Dive into the diverse offerings, ensuring your life insurance aligns with your changing needs.

Fees & Penalty for late / Non filing of TDS Return

June 10, 2022 972415 Views 116 comments Print

No filing or Late filing of TDS returns or TDS statement shall invite 2 penal consequence 1.Fee for late filing U/s 234E and 2. Penalty for late filing or Non filing of TDS statement U/s 271H.

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930