News & FAQs | By ALOK PATNIA | Apr 14, 2018
Section 56 (2) (viib) of the Income Tax Act, 1961, has provisions also called as ‘Angel Tax’. You may refer our detailed report on ‘Angel...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Apr 7, 2018
ITR 1 is APPLICABLE ONLY FOR RESIDENT INDIVIDUALSTOTAL INCOME UNDER ALL THE HEADS (SALARY + ONE OUSE PROPERTY+ OTHER SOURCES) SHOULD BE U...
News & FAQs | By ALOK PATNIA | Mar 31, 2018
Businesses and transporters moving goods worth over Rs 50,000 from one state to another will have to carry an electronic or e-way bill fr...
News & FAQs | By ALOK PATNIA | Mar 31, 2018
The Central Board of Indirect Taxes and Customs (CBIC) has sanctioned Rs 12,639 crore of refunds to exporters, almost all of the pending ...
News & FAQs | By ALOK PATNIA | Mar 30, 2018
The Insurance Regulatory and Development Authority of India (IRDAI) in a circular on Wednesday has informed all insurers that the Goods a...
News & FAQs | By ALOK PATNIA | Mar 30, 2018
The government has launched a crackdown on goods and services tax (GST) evaders ahead of the end of the fiscal year, signalling it will p...
News & FAQs | By ALOK PATNIA | Mar 29, 2018
The government on Wednesday notified a series of changes in the timelines of the compliance requirements under the goods and services tax...
News & FAQs | By ALOK PATNIA | Mar 28, 2018
The Finance Ministry has simplified and reduced the number of columns in the complaint form to make it easier for consumers to report any...
News & FAQs | By ALOK PATNIA | Mar 28, 2018
GST collections slid for the second straight month to Rs 85,174 crore in February as only 69 per cent of the assessees filed returns. Aro...
News & FAQs | By ALOK PATNIA | Mar 27, 2018
More than 68,000 companies have been registered in eight months following the implementation of the Goods and Services Tax (GST) regime, ...
News & FAQs | By ALOK PATNIA | Mar 27, 2018
About 400 real estate developers, including listed companies, have received notices from the indirect tax department for inflated credit ...
GST & Other Indirect Taxes | By ALOK PATNIA | Mar 26, 2018
Businesses having zero tax liability for six consecutive months under GST may soon get relief once the proposal to allow such entities to...