Bank Fixed Deposits – Taxability, Deduction & Tax Planning
We know that Bank Fixed Deposits /Recurring deposits are the most trusted instruments for savings…
Startup Recognition & Tax Exemption
Startup Recognition: Under the Startup India Action Plan, startups that meet the definition as prescribed…
Draconian provisions of penalty & prosecution of TDS/TCS compliance
The concept of TDS was introduced by government through Chapter-XVII-B with an aim to collect…
Annual Information Statement (AIS) Version 1.0 (October 2021)
Annual Information Statement or AIS is comprehensive view of information for a taxpayer displayed in…
MCA Notifies Amendments in Schedule-III of Companies Act, 2013 Effective From 01.04.2021
The Ministry of Corporate Affairs, Government of India, issued notifications dated 24th March, 2021 to…
Input Tax Credit on ITC Blocked Transactions
Trade Circular 1/2021 Sub:- SGSTDK- Input Tax Credit claimed on ITC Blocked transactions – reg.…
ROC Filing Due Dates for the Financial Year 2021-22
All the Companies and LLP’s registered under the Companies Act, 2013 and Limited Liability Partnership…
Section 194Q : TDS on Purchase of Goods
Tax Deducted at source Under Section 194Q at 0.10% shall be applicable on aggregate purchases…
Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 4th April, 2021/ Chaitra 14, 1943 (Saka) THE INSOLVENCY…