CREDIT CARD New Rules for Customers and INCOME TAX NOTICE I GST NOTICE I CA Satbir Singh RBI Changed the credit card rules for cusotmers, The card-issuers shall put in place an effective mechanism to monitor end use of funds. Card-issuers may issue business credit cards to business entities/individuals for business expenses. The business credit… Read More »
SIGNIFICANT FINANCIAL TRANSACTIONS INCOME TAX MESSAGE 2024-25 I SIGNIFICANT FINANCIAL TRANSACTIONS INCOME TAX MESSAGE 2024-25 I
How to Activate INOPERATIVE PAN Card I Consequences of Inoperative PAN Card I CA Satbir Singh How to Activate INOPERATIVE PAN Card I Consequences of Inoperative PAN Card I CA Satbir Singh If the PAN Card become inoperative then there are restrictions imposed under Income Tax Act like Income Tax Refund will not be… Read More »
We wish to inform that the CBDT has made certain changes in Form No. 3CD (tax audit report), Form No. 3CEB (report to be furnished under section 92E) and Form No. 65 (Application for exercising/renewing option for the tonnage tax scheme u/s 115VP/115VR). The changes in the aforesaid forms are applicable w.e.f. date of their… Read More »
NEW TAX REGIME में LOSS नहीं मिलेगा I INCOME TAX Update AY 2024-25 SHARE TRADING I PROPERTY SALE
Advisory: Integration of E-Waybill system with New IRP Portals 08/03/2024 Dear Taxpayers, 1. GSTN is pleased to announce the successful integration of E-Waybill services with four new IRP portals via NIC, enabling taxpayers to generate E-Waybills alongside E-Invoicing on these four IRPs. 2. This new facility complements the existing services available on the NIC-IRP portal, making… Read More »
Ministry of Finance Income Tax Department to mount e-campaign for Advance Tax e-campaign for F.Y. 2023-24 Through e-campaign, persons/entities carrying out significant financial transactions will be informed through email/SMS to urge them to compute and deposit their due advance tax on or before 15.03.2024 Posted On: 10 MAR 2024 12:47PM by PIB Delhi The Income… Read More »
Amendment to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022 RBI/2023-24/132 DOR.RAUG.AUT.REC.No.81/24.01.041/2023-24 March 07, 2024 The Chairperson / Managing Director / Chief Executive Officer Banks and Non-Banking Financial Companies Madam / Sir, Amendment to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions,… Read More »
ADVANCE TAX How to Pay Advance Tax Online 2024-25 I How to Calculate Advance Tax I CA SATBIR SINGH advance tax,advance tax in income tax,advance tax revision,advance tax calculation,advance payment of tax,what is advance tax,how to pay advance tax,advance tax kya hota hai,income tax,what is advance tax in hindi,advance tax payment online,advance income tax,advance tax… Read More »
Conseqences if Advance Tax Not paid as per Income Tax Act You have to pay interest at 1% per month for non-payment or short payment of advance tax under section 234B You have to pay interest at 1% per month for delay in payment of advance tax instalments under section 234C You may receive a… Read More »