The Ministry of Finance, Department of Revenue announces monetary limits for appeals before CESTAT, High Courts, and Supreme Court to reduce government litigation.
Learn about of e-payment of direct taxes and its mandatory and optional aspects. Discover benefits, requirements, and steps for making tax payments online, ensuring a hassle-free process
Significance of Annual Information Statement (AIS) under Section 285BB of Income-tax Act. Learn what information it covers, how to access it, and why it’s essential for both taxpayers and tax authorities.
Notification No. 53/2023– Central Tax: Appeal procedure for GST cases – Tax Deposit Conditions for filing appeals before Appellate Authorities
Explore the intricacies of compounding offences under the Income-tax Act, 1961, its classification into Category A and Category B, eligibility conditions, compounding charges, and other key points for taxpayers.
Learn about Form 16 and Form 16A, essential TDS certificates in India. Understand their issuance, verification, and legal implications. Get all your TDS questions answered.
Learn about Permanent Account Number (PAN), its significance, who needs it, mandatory PAN transactions, application process, and consequences of non-compliance.
Dive into critical tax regulations and provisions, from related party payments to cash disallowance, and learn how they impact your deductions. Uncover the complexities of tax compliance.
Dive into the details of TDS on cash withdrawals under Section 194N. Learn about who needs to deduct tax, rates, exemptions, and more in this in-depth analysis.
Discover why Section 40A(3) limits cash payments and promotes a cashless economy, including reduction of black money generation. Prohibited transaction in cash/limit on cash transactions.
