Daily Archives: February 24, 2023

Taxation on income from virtual digital assets

By | February 24, 2023

Taxation on income from virtual digital assets Read What is Virtual Digital Assets and its Taxation  , Explained Income Tax on Virtual Digital Assets & CryptoCurrency in India after Finance Bill 2022 TDS on Virtual Digital Asset : Read Section 194S Income Tax for TDS on Payment on transfer of virtual digital asset. Circular no… Read More »

What is Virtual Digital Assets , Explained

By | February 24, 2023

What is virtual digital assets , Explained Normally it is asked What is Virtual Digital Assets ? As per Section 2(47) of Income tax Act , Virtual Digital Assets defination is as follow (47A) “virtual digital asset” means— (a) any information or code or number or token (not being Indian currency or foreign currency), generated… Read More »

Section 80DDB Income Tax – Dedction for Medical Treatment

By | February 24, 2023

Section 80DDB Income Tax Dedction for Medical Treatment Section 80DDB Income Tax Dedction for Medical Treatment as Amended by Finance act 2022, You aslo need to study Rule 11DD of Income tax rules Sumamry of Section 80DDB Income Tax Act Section 80DDB of the Income Tax Act provides tax deductions to taxpayers for medical expenses… Read More »

Section 80G Income Tax Act : Deduction for donations to certain funds, charitable institutions, etc.

By | February 24, 2023

Section 80G Income Tax Act In this article we will discuss Sumamry of Section 80G of Income Tax Act and  Complete section 80G of Income tax Act as Amended upto Finance act 2022 Summary of Section 80G of Income Tax Act Section 80G of the Income Tax Act provides tax deductions to taxpayers who make… Read More »

New Last Date in GST is 15th March 2023 I RCM I GTA I Transporter I CA Satbir singh

By | February 24, 2023

New Last Date in GST is 15th March 2023 I RCM I GTA I Transporter I CA Satbir singh gst on gta,gst on freight,gst on gta services,gst on gta reverse charge,rcm on freight,rcm on gta,on the run,# gst on gta,gst on gta rcm,gst on gta pdf,gst on the run,tax rate on gta,gst rate on gta,rcm… Read More »

How to GTA can file a declaration on GST Portal in Annexure-V to opt for payment under Forward Charge Mechanism

By | February 24, 2023

How to GTA can file a declaration on GST Portal in Annexure-V to opt for payment under Forward Charge Mechanism The Goods and Services Tax Network (“GSTN”) has enabled the option to file a declaration in Annexure-V to opt for payment under the Forward Charge Mechanism (“FCM”) by the Goods Transport Agency (“GTA”) on the… Read More »

Income Tax Slab for FY 2022-23 AY 2023-24

By | February 24, 2023

Income Tax Slab for FY 2022-23 AY 2023-24 Income Tax Slab for FY 2022-23 AY 2023-24 and Income tax Slab for FY 2021-22 AY 2022-23 as Amended by Finance Act 2022 1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial juridical… Read More »