Daily Archives: April 12, 2020

Download 197 Certificate for Section 194M

By | April 12, 2020

Download 197 Certificate for Section 194M Only TRACES Registered users can Download 197 Certificate for Section 194M from F.Y 2019-20 onwards. • Deductor (after login as a Taxpayer on TRACES) can download 197 certificate if request of Form-13 is approved by Assessing Officer. • Deductor can view or download 197 Certificate for Section 194M from… Read More »

20 Expenses & Investments Tracked by Income Tax Dept I High Value Transactions I CA Satbir Singh

By | April 12, 2020

20 Expenses & Investments Tracked by Income Tax Dept I High Value Transactions I CA Satbir Singh Expenses & Investments of every person are tracked by Income Tax department to identify source of Income and to ascertain whether the person has paid income tax in his #IncomeTaxReturn When is PAN required and when reporting is… Read More »

Cash Transfer Rs 28256 Cr by Robust Digital Payment Infra under PMGK

By | April 12, 2020

Ministry of Finance Robust Digital Payment Infrastructure Enables Prompt Transfer of Cash Payment under Pradhan Mantri Garib Kalyan Package. A digital pipeline has been laid through linking of Jan-Dhan accounts as well as other accounts with the account holders’ mobile numbers and Aadhaar [Jan Dhan-Aadhaar-Mobile (JAM)]. This infrastructure pipeline is providing the necessary backbone for DBT… Read More »

GST Portal Alert for GSTR 6 (Input Service Distributor)

By | April 12, 2020

Alert for Input Service Distributors (ISDs), for data in SAVE stage in their Form GSTR 6 11/04/2020 Changes are being made in the credit utilization criteria in Form GSTR-6, filed by Input Service Distributors (ISDs). These changes are likely to be implemented on the GST portal with effect from 14.04.2020. During the implementation of this… Read More »

Category: GST