Important Points to be considered in Presumptive Taxation Scheme under Section 44AE Business of Assessee: Assessee engaged in the business of plying, hiring or leasing such goods carriages can opt for section 44AE.Number of Goods…
LLP Form 8 is a statement of Accounts and solvency that needs to be filed with ROC every year. Statement of Account and Solvency shall be filed with the ROC within 30 days from the…
Resumption of Blocking of E-Way Bill (EWB) generation facility. 1. Temporary Suspension of blocking earlier: The blocking of E way bill generation facility had been temporarily suspended by Government on account of Covid pandemic. In…
Income-tax Department has introduced a completely new re-engineered Form 15CA and Form 15CB submission process based on various feedback provided by numerous corporate and professionals all over India. These transformations will simplify the preparation, assignment,…
Important points to be considered Depreciation is allowable as expense in Income Tax Act, 1961 on basis of block of assets on Written Down Value (WDV) method. Depreciation on Straight Line Method (SLM) is not…
NSDL Released new e-TDS/TCS RPU & FVU version w.e.f. 01st October 2021 New versions of File Validation Utilities (FVUs) for e-TDS/TCS statements are valid from October 1, 2021. Key Features of Validation Utility (FVU) version 7.2…
S. No.StatuePurposeCompliance PeriodDue dateEvent Details1Income TaxTDS/TCS Liability DepositSep-217-Oct-21Due date of depositing TDS/TCS liabilities under Income Tax Act, 1961 for previous month.TDS DepositJuly 2021- Sept. 20217-Oct-21Due date deposit of TDS for July-Sep. 2021 u/s section 192,…
FSSAI License No. on Invoices W.E.F. 1st October, 2021 FSSAI passed an order on 8th June, 2021, making it mandatory for food business operators in the country, which are largely micro, small, and mid-sized enterprises, to mention their 14-digit FSSAI…