GST RCM Reverse Charge Mechanism for CA/CS/CMA May 2020
GST RCM Reverse Charge Mechanism for CA/CS/CMA May 2020 Join/ watch class Click here
Daily Archives: February 14, 2020
Rules 114AAA Income Tax Rules : PAN Inoperative if not linked with Aadhaar
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 13th February, 2020 G.S.R. 112(E).—In exercise of the powers conferred by proviso to sub-section (2) of section 139AA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following… Read More »
Instant PAN allotment on basis of Aadhaar Enabled
Instant PAN allotment on basis of Aadhaar Enabled The Finance (No. 2) Act, 2019 introduced the concept of interchangeability of PAN with Aadhaar by inserting a new sub-section (5E) in Section 139A. The new provision enables an assessee to quote his Aadhaar in lieu of PAN and he shall be automatically allotted a new PAN.… Read More »
New Income Tax Form 10IC and 10ID for Companies Opting 115BAA or Section 115BAB
A domestic company opting for concessional tax rate schemes prescribed under section 115BAA or section 115BAB, can exercise this option by electronically filing Form 10-IC or Form 10-ID respectively. Download Click here