Can we change Tax Regime while filing ITR salaried employees can change the tax regime at the time of filing their Income Tax Return (ITR). For FY 2022-23 (AY 2023-24) salaried individuals can switch bet salaried employees are required to provide intimation regarding their choice of tax regime to employers in the beginning of the financial… Read More »
₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth Monthly GST revenues more than ₹1.4 lakh crore for 14 months in a row, with ₹1.5 lakh crore crossed for the 5th time since inception of GST Revenue from import of goods 12% higher Y-o-Y; Domestic transactions (including import of services) revenue… Read More »
ITR filer big relief from 1st june 2023 I Income Tax Return I CA satbir singh
CBDT Circular No 07/2023 dated May 31, 2023 : Condonation of delay in filing refund claim and claim of carry forward of losses The CBDT has issued Circular No. 07/2023 dated May 31, 2023 regarding the condonation of delay in filing refund claim and claim of carry forward of losses under Section 119(2)(b) of the Income-tax Act,… Read More »
Circular No.6 of2023 F. No.370 I 33/06/2023-TPL Government ofindia Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 24th May, 2023 CLARIFICATION REGARDING PROVISIONS RELATING TO CHARITABLE AND RELIGIOUS TRUSTS 1. Income of any fund or institution or trust or any university or other educational institution or any hospital or other… Read More »
ITR 2 Filing Online AY 2023-24 Enabled Income Tax Return Form of ITR-2 is enabled to file through Online mode with prefilled data at the porta
New Changes in GST Eway Bill Portal National Informatics Centre Latest Updates in e-Waybill system – Dated 29.05.2023 E-Waybill System is provisioned with following new features for the Enrolled Transporters, Common Enrolled Taxpayers. 1. De-registration for Transporters: The transporters registered in e-Waybill Portal using Enrolment (based on PAN) and no longer want to continue in… Read More »