Budget 2020-21

  • Income Tax

Old vs new tax regime calculator in excel for AY 2024-25 u/s 115BAC

Excel Calculator to compare Tax under old and new Personal Tax Regime u/s 115BAC for AY 2024-25 (FY 2023-24) This…

2 months ago
  • Income Tax

Section 87A Rebate for AY 2024-25 as per Union Budget 2023-24 after amendment

Section 87A Rebate for AY 2024-25 as per Union Budget 2023-24. Amendment, amount and eligibility The section 87A of income…

1 year ago
  • Income Tax

The Direct Tax Vivad se Vishwas Act 2020 gets notified. Download Copy

The Direct Tax Vivad se Vishwas Act 2020 gets notified. Download Copy The Direct Tax Vivad se Vishwas Act 2020…

4 years ago
  • Income Tax

Applicability of TDS provisions on Mutual Fund dividend. CBDT issues clarification 

Applicability of TDS provisions on Mutual Fund dividend. No deduction on income in the nature of capital gains-CBDT issues clarification …

4 years ago
  • Income Tax

Govt. Clarification-deeming tax residency as per Budget 2020 not apply to bonafide workers abroad

Govt. Clarification-deeming Indian tax residency provisions as per Budget 2020 not to apply to bonafide workers abroad unless income  is…

4 years ago
  • GST

Amendments made in CGST / IGST Act and GST rates by the Union Budget 2020-21

Amendments made in CGST Act/ IGST Act and GST rates by the Union Budget 2020-21 Amendments carried out in the…

4 years ago
  • Income Tax

Provisions of Tax Residency in India amended. Period of stay reduced to qualify as Non Residents

Provisions of Tax Residency in India amended. Days of stay reduced for visiting Indian Citizens/Persons of Indian Origin. Period shortened…

4 years ago
  • Income Tax

Tax audit turnover threshold increased for business. Due date of furnishing report made 31st October

Tax audit turnover threshold limit increased to Rs. 5 crores for business. Due date of furnishing report made 31st October…

4 years ago
  • Income Tax

Penalty for fake invoice. New Section 271AAD. Penalty for false entry, etc. in books of account

Penalty for fake invoice. New Section 271AAD. Penalty for false entry, etc. in books of account With the launch of…

4 years ago
  • Income Tax

E-scheme for levy of Faceless Income Tax Penalty u/s 274 with dynamic jurisdiction

E-scheme for levy of Faceless Income Tax Penalty u/s 274 with dynamic jurisdiction In order to impart greater efficiency, transparency…

4 years ago