ITR NON FILER के लिए आखरी मौका I INCOME TAX RETURN CA Satbir Singh Summary 0:00 Centre Govt likely to intensify exercise against income tax evaders 0:25 How govt will track if Income Tax Return not filed ? 0:45 What are the tools to identify the taxpayer who dont file ITR ? 1:18 How many… Read More »
Date Extension Till 30.04.2022 I New Notification I CA Satbir Singh
GSTR 1 FILING फिर से बदल गया I NEW CHANGES IN GSTR 1 [ by CA Satbir Singh ]
INCOME TAXPAYER को लगा झटका I NEW FEATURE I INCOME TAX REFUND Response I i Ca Satbir singh
Centre Govt to bring crypto under GST The government is working on the classification of cryptocurrency as goods or services under the GST law so that the tax can be levied on the entire value of transactions. Currently, 18 per cent GST is levied only on service provided by crypto exchanges and is categorised as… Read More »
What taxpayers should do if they have incorrect or missing documents Taxpayers should make sure they have all their documents before filing a tax return. Taxpayers who haven’t received a W-2 or Form 1099 should contact the employer, payer or issuing agency and request the missing documents. This also applies for those who received an incorrect… Read More »
Gold Jewellery holding limit Guidelines by Income Tax Department PRESS RELEASE, DATED 1-12-2016 In order to remove any doubt about the current position of Income Tax Law with respect to gold jewellery, the following points are categorically clarified: ♦ There is no limit on holding of gold jewellery or ornaments by anybody provided it is acquired from explained sources of income including inheritance ♦ Vide circular dated 11-5-1994, instructions have been issued… Read More »
Money received through ‘crowdfunding’ may be taxable; taxpayers should understand their obligations and the benefits of good recordkeeping Understanding Crowdfunding Crowdfunding is a method of raising money through websites by soliciting contributions from a large number of people. The contributions may be solicited to fund businesses, for charitable donations, or for gifts. In some cases,… Read More »
PENALTY FOR NOT issuing E-INVOICE IN GST I BUYER LOSS ALSO I CA SATBIR SINGH E-Invoice is Mandatory Generating invoice electronically with IRN is mandatory for certain class of taxpayers, as notified by the Government from time to time. Registered persons who are mandatorily required to issue E-invoice are as follows-: Ø With effect… Read More »
GST Appeal can not be rejected because it was filed manually : High Court HIGH COURT OF ANDHRA PRADESH Ali Cotton Mill v. Appellate Joint Commissioner (ST) U. DURGA PRASAD RAO AND MS. J. UMA DEVI, JJ. WRIT PETITION NO. 3308 OF 2021 FEBRUARY 11, 2021 ORDER U. Durga Prasad Rao, J. – The petitioner seeks writ of mandamus declaring… Read More »