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How to Login on New Income Tax Portal

June 23, 2021 34233 Views 1 comment Print

FAQs on How to Login on New Income Tax Portal 1. Do I need my registered mobile number to login to the e-Filing Portal? There are multiple ways to log in to the e-Filing portal. It is not necessary to have access to the registered mobile number. 2. Should my PAN be registered on the […]

How to View Dashboard and Work-list (CA) on New Income Tax Portal

June 23, 2021 9198 Views 0 comment Print

FAQs 1. I am a tax professional (CA) registered on the e-Filing portal. Where can I check important updates about my clients, such as forms pending for filing and verification? You can check such details by by logging into your e-filing account and selecting Pending Actions on your e-Filing Dashboard. The names and PANs of assesses are […]

How to Change Your Password on New Income Tax Portal

June 23, 2021 4161 Views 0 comment Print

FAQs on How to Change Your Password on New Income Tax Portal Q.1 I do not remember my user ID. How can I login to my account? Ans. Your Permanent Account Number number is your user ID for the e-Filing portal. You can also use your Aadhaar number as user ID, only if it has […]

TDS on Immovable Property & Relevance of Lower Deduction Certificate For NRIs

June 23, 2021 39144 Views 3 comments Print

1. Log in to the e-Filing portal using your user ID and password. Considering the tendency of taxpayers to evade the payment of taxes, Income Tax provisions provide for the collection of tax from the very source of income. Under this mechanism, the person responsible for making the payment is liable to deduct tax before […]

The Perpetual journey of Long Standing Controversy of Section 9(4) read with Section 74(1) of CGST Act, 2017

June 23, 2021 27780 Views 0 comment Print

This article covers the history of amendments in Section 9(4), the issues arising out such amendments. The action taken by GST Department for violation of Section 9(4) and the remedy available to taxpayers to safeguard their interest. We will also prove that though Section 9(4) was deferred and suspended by yet the taxpayer may not be completely relived from the implication of Section 9(4).

How to Check Compliance for Section 206AB & 206CCA

June 23, 2021 278637 Views 13 comments Print

Income Tax Department has facilitated a new functionality ‘Compliance Check for Section 206AB & 206CCA’ to facilitate tax deductors/collectors to verify if a person is a ‘Specified Person’ as per section 206AB & 206CCA. This functionality is made available through Reporting Portal of Income-tax Department (https://report.insight.gov.in).

4TH Year of GST regime: Taking proper shape

June 23, 2021 1476 Views 2 comments Print

The Goods and Service Tax was launched at midnight on 1 July 2017 by the President of India and the Government of India. The launch was marked by a historic midnight (30 June – 1 July) session of both the houses of parliament convened at the Central Hall of the Parliament. Now soon it will […]

Applicability & Interplay of TDS/TCS on Purchase/Sale Of Goods

June 23, 2021 35319 Views 4 comments Print

As many taxpayer are still facing difficulties in complying with provisions of section 206C(1H), insertion of new section 194Q has created lots of confusion among Professionals and Trade as to which section to be complied with.

Form 10AB | Final Registration Under Section 80G of Income Tax Act for NGO

June 23, 2021 69063 Views 2 comments Print

Dear friends, as we all know from 01.04.2021, there has been drastic change made in registration process of NGO, which wants to get registered under Section 80G of Income Tax Act, 1961. In earlier process before 31.03.2021, NGO has to registered once under Section 80G of Income Tax Act and the registration is valid for […]

Is Income Tax Circular No. 11 of 2021 consistent with legal provisions?

June 23, 2021 10863 Views 5 comments Print

Section 206AB(1) [and Section 206CCA(1)] contains the word ‘Where’, so it is quite obvious that one has to decide as to someone (probable deductee or collectee) is specified person or not as on the relevant date of deduction or collection at source.

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