What will be Transfer Price for GST if Material Transferred within Company Video Tutorial by CA Satbir Singh explaining Transfer Price for GST if Material Transfer within Company [ Join online GST Course by CA Satbir Singh ] What are the valuation rules unde GST for material transfer within company from separate GST number. i.e. Company wants to transfer… Read More »
Income Tax Challan Correction Mechanism Under OLTAS (On Line Tax Accounting System), the physical challans of all Direct Tax payments received from the deductors / taxpayers are digitized on daily basis by the collecting banks and the data transmitted to TIN (Tax Information Network) through link cell. At present, the banks are permitted to correct… Read More »
Check Income Tax Challan Status online You can check Check Income Tax Challan Status online Link to check Check Income Tax Challan Status online Click here Challan Status Enquiry for Tax Payers Using this feature, tax payers can track online the status of their challans deposited in banks.This offers two kind of search. a) CIN… Read More »
Respond to the notices related to High Value Cash Transaction Perform the following steps to reply on such notice: Step 1 Logon to ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in Step 2 Go to the ‘Compliance’ menu located at upper-right side of the page ⇒ Click ‘Accounts with Cash Transaction’ Step 3 List of Bank Accounts with be displayed on the screen, Click ‘Submit’ to provide the response… Read More »
Income Tax Challan FAQs General FAQs on Income Tax Challan What are the new challans for the payment of Direct Taxes / Income Tax ? The following new single copy challans have been introduced with effect from July 2005. Sl. No. (1) Challan No. Description Type Of Payment 1. ITNS 280 For payment of Income… Read More »
How to Pay Income Tax online Here are the steps to pay Income Tax online through NSDL website or through Income Tax Website Pay Income Tax Through Income tax Website Without Login to Income tax Website Go to https://eportal.incometax.gov.in/iec/foservices/ Go to e-pay-tax-prelogin and click on “Proceed” button. Select the type of tax you want to… Read More »
How to Add CA and File Tax Audit Reports on IncomeTaxIndiaEfiling The procedure in brief is mentioned here: PART 1: Add CA- Action by Assessee To enable the CA, to upload the applicable forms on the assessee’ behalf, the assessee need to first ‘ADD CA’ from his account. Step 1 Logon to ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in Step 2 Go… Read More »
How to Download Form 16A from Traces Complete guide on downloading Form 16A by Deductor of tax from traces website of income tax department. This is the form for issuing TDS certificate for other than salary. In case of TDS deducted on salary form No 16 has to be issued for which you can refer How… Read More »
How to View Certificate of Appreciation on IncomeTaxIndiaEfiling Website From AY 2016-17, ITD have started issuing certificate of appreciation for eligible taxpayers who have cleared their entire liability, have no outstanding tax liabilities and had filed their returns electronically in the prescribed time. Perform the following steps to view the certificate of appreciation Step 1… Read More »
How to Download TDS Certificate Form 16 from Traces Here is the Complete guide on How to Download TDS Certificate Form 16 from Traces by the person who has deducted the TDS (deductor) under Income Tax Act from salary. This certificate will be issued to the person whose TDS has been deducted .If TDS certificates are… Read More »