Free banking services out of GST net: Financial Ministry official Free banking services like cheque book issuance and ATM withdrawals is likely to remain out of the ambit of the GST, a senior finance ministry official said. The Department of Financial Services had approached its revenue counterpart to clear the confusion over the levy of Goods… Read More »
Income Tax on business Income : Free Study Material Here is the free study material on Income Tax on business Income Income Tax on Future & Options trading and ITR filing I F & O Trading Income I CA Satbir Singh List of Income Tax benefits available to Small Businessmen AY 2019-20 How to Compute… Read More »
Income Tax Penalty : Free Study Material Here is the Free study material on Income Tax Penalty provisions Fees & Penalty for Delay/ Non filing of TDS Return of Income Tax (FA 2019) Income Tax Commissioner Power to Reduce or Waive Penalty { Amended by Finance Act 2018 Various Penalties under Income Tax Act [FA… Read More »
Ministry of Finance Cabinet approves signing and ratification of Agreement between India and Brunei Darussalam for the Exchange of Information and Assistance in Collection with respect to Taxes Posted On: 16 MAY 2018 3:39PM by PIB Delhi The Union Cabinet Chaired by Prime Minister Shri Narendra Modi has has approved the signing and ratification of… Read More »
Income Tax on Gratuity : Free Study Material Here is the free study material of Income Tax on Gratuity Income Tax on Gratuity Gratuity Exemption limit AY 2019-20 FY 2018-19 under Income Tax Act Gratuity Exemption limit AY 2017-18 under Income Tax Act No Income tax on Gratuity to the extent of limit specified Enhancement of… Read More »
ICAI FAQ on accounting treatment of increase in liability due to enhancement of the gratuity ceiling The Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI) has issued the following FAQ on accounting treatment of increase in liability on account of enhancement of the gratuity ceiling from Rs. 10 lakhs to… Read More »
Rectification of Income Tax Return : Free Study Material Here is the free study material on rectification of Income Tax Return under Income Tax Act of India How to Submit Request for Rectification of Income Tax Return Revised Income Tax Return; Rectification : Answer to Common Questions Rectification of ITR (Income Tax Return) : FAQ& Rectification… Read More »
Income Tax Deductions : Free Study Material Here is the free study material on Income Tax Deductions under Income Tax Act of India Income Tax Deductions AY 2019-20 (FY 2018-19) Income Tax Benefits of Life Insurance Policy, Health Insurance & Medical Treatment Contribution to wife’s PPF account , Can I Get Income Tax Deduction ?… Read More »
Income Tax Exemptions : Free Study Material Here is the free study material on Income Tax Exemptions How to Save Income Tax on Capital Gains by Bond Investment Income Tax exemption if corpus donation by exempt entities to other exempt entities. No Income Tax Exemption on money deposited for Minor Child on divorce No Tax… Read More »
Seizure under GST : Analysis Detailed analysis of seizure under GST Judgments Perishable goods if not sold within 15 days will not become non Perishable goods , not to be relased under GST : High Court Video Lecture on Seizure provisions of GST Act Meaning of Seizure under GST The term ‘seizure’ has not been… Read More »