Income from winnings from Lottery, Game Shows, Puzzle are taxable and TDS is deducted before giving away lottery, game shows, talent shows income. Applicability of TDS on lottery or game show income If the Prize…
Tax officers may conduct the scrutiny of GST Returns filed by GST registered taxpayer. Scrutiny Assessment under GST A GST officer can check the GST returns of a taxpayer based on certain parameters. If he…
Kisan Vikas Patra (KVP) Interest From 01.04.2020, interest rates are as follows:- 6.9 % compounded annuallyAmount Invested doubles in 124 months (10 years & 4 months) 2. Minimum Amount for opening of account and maximum…
MGT- 9 is a report which has to be furnished along with the director’s report in the companies act 2013. The MGT- 9 is prepared by the company when the director’s report gets approved in…
Upcoming functionalities to be deployed on GST Portal for the Taxpayers in the month of July, 2021 As part of our constant endeavour to provide a smooth and hassle free experience to the taxpayers and…
Important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers on 06.07.2021 Few important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers are as given below:A.…
CBDT has granted further relaxation in electronic filing of forms 15CA & 15CB in view of difficulties reported by taxpayers in filing of the forms online on incometax.gov.in. The date for submission of forms in…
CBDT vide Notification No. 76/2021-Income Tax | Dated: 2nd July, 2021 amends rule 8AA which relates to Method of determination of period of holding of capital assets in certain cases and added rules related to amount which is chargeable…