This article contains Auto Income Tax calculator for Financial Year 2020-21 & Assessment Year 2021-22 in excel format. A circular issued by the CBDT on 13.04.2020 that salaried employees has to chose between the Old and New income-tax regime at the time employers are deducting TDS. OR at the time for filing of ITR. These […]
It was 1st February 2020, when our Honorable Finance Minister Nirmala Sitharaman had presented the Budget 2020 and came up with paradigm shift in the way Individuals are being taxed i.e. NEW TAX REGIME was introduced vide Sections 115BAC and 115BAD of Income Tax Act 1961. QUESTION IS: Whether this new tax regime is only […]
Old Tax Regime vs New Tax Regime which one is beneficial to you (should you opt) with Excel Automatic Tax Calculator – Salaried Employee The Central Board of Direct Taxes (CBDT) via a circular dated April 13, has clarified that employers will have to deduct TDS from salary for financial year 2020-21 as per the tax […]
Please find5th edition of our e-book on ‘Vivad Se Vishwas Scheme’ which contain: – Brief about Vivad Se Vishwas Scheme – Analysis of Vivad Se Vishwas Scheme – Emerging issues – Key cases from IDS – The Direct Tax Vivad Se Vishwas Act, 2020 – The Direct Tax Vivad Se Vishwas Rules, 2020 – Relevant […]
This is a compliance handbook covering important compliance related provisions of Income Tax Act, 1961 and covers following topics- Tax Rates for AY 2020-21 Tax Rates for AY 2021-22 Advance Tax Tax Deducted at Source (TDS) Tax Collected at Source (TCS) Presumptive Tax Scheme Tax Audit Income from Capital Gains Income from House Property Taxability […]
As another step of simplifying tax laws, the Finance Bill 2020 has introduced a new tax regime for individuals and HUF by insertion of section 115BAC. Now, the individuals and HUF have an option to calculate their income tax liability either under old tax regime or under new tax regime. In order to make an […]
Recently, since last 2-3 years, the profession of valuer is getting recognition and regulated by Insolvency and Bankruptcy Board of India (IBBI). Before this, the profession of valuers was not regulated by any body. There were no exam, no membership, no valuation standards to be followed, no formal recognition of valuers. But with the advent […]
United Bank of India NEFT / RTGS Utility for generating NEFT/RTGS Form at any time. You can add 2000 beneficiaries to the Form, hence when you need somebody’s Bank details in future,You can easily get it from this Form. Along with NEFT / RTGS form, you can Print respective cheque also. Now you are free […]
CBIC Extended DUE DATE of filing GSTR 1 & GSTR 3B by providing Late fees waiver & relief in Interest as per Notifications issued on 03rd April 2020. Article compiles chart of GSTR 1 Due Date Extension & Late Fees Waiver and GSTR 3B Due Date Extension, Late Fees Waiver & Interest.
You can keep and generate 2000 parties Form 15G by using this utility with in seconds, Simple to generate as and when require Form 15G UIN (Unique Identification Number) will generate automatically as per the prescribed format
