Changes to the earned income tax credit for the 2022 filing season The EITC is one of the federal government’s largest refundable tax credits for low-to moderate-income families. The recent expansion of this credit means that more people may qualify to have some much-needed money put back in their pocket. The IRS urges people to check… Read More »
Income Tax on Virtual Digital Assets and CryptoCurrency in India Income Tax on Virtual Digital Assets and CryptoCurrency in India is imposed by Finance Bill 2022 ( Article by CA Satbir Singh . Contact Taxheal@gmail.com) Video on Income Tax on Virtual Digital Assets and CryptoCurrency in India Commentary on Income Tax on Virtual Digital Assets… Read More »
Date Extension of GSTR 9 and 9C for FY 2020-21 I update I CA Satbir Singh
Taxmann’s GST Ready Reckoner – Ready Referencer for all provisions of GST Law covering all-important topics along with relevant Case Laws, Notifications, Circulars, etc. | Updated till 1st Feb 2022 Buy online Click here Taxmann’s Ultimate Best-Seller for Indirect Taxes – ‘GST Ready Reckoner’, is a ready referencer for all provisions of the GST Law… Read More »
New CHANGE FOR TAX ON SALE OF PROPERTY IN INDIA I INCOME TAX I CA SATBIR SINGH
Correct GST Returns Errors : New Guidelines for GSTR 1 and ITC claim mistakes Office of the: Commissioner of State Tax, Maharashtra State, Mumbai 8th Floor, GST Bhavan, Mazgaon, Mumbai- 400 010. INTERNAL CIRCULAR (Restricted circular for office use only) To, No. CST /JC (HQ-5)/Scrutiny/Issues/File No- /B-1 Mumbai. Date. 25.02.2022 Internal Circular No. 02A of… Read More »
GST Invoices Rules Changed from 01.04.2022 I New Notification I CA Satbir Singh
Notification No 01/2022 Central Tax : GST E-invoice mandatory if turnover above Rs 20 crore from 01.04.2022 Video Explanation of Notification No 01/2022 Central Tax Download Notification No 01/2022 Central Tax MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 24th February, 2022 No. 01/2022 – Central… Read More »
Quarterly GST Return Scheme ( QRMP) Quarterly GST Return Scheme was introduced in GST . Following are the relevant Notifcations and Circular . ( Article by CA Satbir Singh . Contact on Taxheal@gmail.com) Video Explanation of Benefits of Quarterly GST Return Scheme ( QRMP) Commentary on Quarterly GST Return Scheme Start Date : This new… Read More »
Change for TDS on Sale of Immovable Property As per Finance Bill 2022 there is Change for TDS on Sale of Immovable Property in India from FY 2022-23 . ( Article by CA Satbir Singh ,Contact on Taxheal@gmail.com ) Commentary for TDS on sale of property Example 1 Consideration as per Builder Buyer Agreement/Agreement to… Read More »