Held The word “Other Authorities” has been interpreted in Umesh vs. Singh A 1967 Pat. 3(9) F.B. to include a Board, University, The Chief Justice of a High Court, having powers to issue rules, bye laws or regulations having the force of law. The above decision provides that the assessee is covered under the expression… Read More »
Handbook on GST Annual Return by ICAI The submission and processing of return is an important link between the taxpayers and tax administration. Section 44 of the Central Goods & Services Tax (CGST) Act, 2017 stipulates that every registered person shall furnish an annual return for each financial year. Annual return is a consolidation of… Read More »
SUPREME COURT OF INDIA Principal Commissioner of Income-tax, 3 v. E Smart Systems (P.) Ltd. ROHINTON FALI NARIMAN AND NAVIN SINHA, JJ. SPECIAL LEAVE PETITION (CIVIL) DIARY NO. 40473 OF 2018 DECEMBER 3, 2018 A.N.S. Nadkarni, ASG, Ms. Swarupama Chaturvedi, Adv., H.R. Rao, Adv. and Mrs. Anil Katiyar AOR for the Petitioner. ORDER 1. Delay condoned. 2. The Special Leave Petition is dismissed. 3. Pending… Read More »
Income Tax on Senior Citizen Download Form no 12BBA Income Tax Act : For TDS of Senior Citizen under Section 194P Income Tax Notification No 99/2021 : CBDT Notified new Forms for TDS Returns : For, 16, Form 12BBa and Form 24Q Income Tax Notification No 98/2021 CBDT Notified Banks for TDS u/s 194P in… Read More »
No TDS of Senior citizens if Form 15H given for Nil Tax Payable After Sec 87A rebate Since the section 87A was amended by the Finance Act, 2019, to provide full tax rebate to taxpayers earning total income up to Rs. 5 lakh The CBDT made the consequent amendment in Form 15H used for furnishing… Read More »
Election Result 2019 of Lok Sabha on official ECI App Voter Helpline
The Central Board of Direct Taxes (CBDT), considering the representations, has decided to condones the delay in filing of audit report in Form 10B by the trusts or institutions for the Assessment Years 2016-17 and 2017-18. The condonation shall be granted subject to fulfillment of conditions prescribed by the board. Circular No 10/2019 Dated Download… Read More »
TDS/TCS Return > Online Filing Step – I The data structure (file format) in which the e-TDS / e-TCS return is to be prepared has been notified in https://www.tin-nsdl.com/services/etds-etcs/etds-rpu.html Step – II e-TDS/e-TCS return in accordance with the file formats is to be prepared in clean text ASCII format with ‘txt’ as filename extension. e-TDS/e-TCS return… Read More »
e-Tutorial Online Challan Correction Important Information on Online Correction All type of corrections like “Personal information , Deductee details and Challan correction” can be made using Online correction functionality available from FY.2007-08 onwards depending upon the type of correction This feature is extremely useful as it is : Free of Cost :TRACES does not charge… Read More »
The forms introduced by MCA under Chapter VI Registration of Charges and Rules thereto which includes Form CHG-1, Form CHG-2, Form CHG-3, Form CHG-4, Form CHG-5, Form CHG-6, Form CHG-7, Form CHG-8 and Form CHG-9 vide Companies (Registration of Charges) Rules, 2014 as amended by Companies (Registration of Charges) Amendment Rules, 2019 read with Companies… Read More »