e-verification of ITR got simpler – No login needed
Ad e-verification of ITR got simpler – No login needed You must be aware that if you file your income tax return on time but do not e-verify it within [Read More…]
Guide to Complete Now Mandatory eKYC For Mutual Funds
Ad Guide to Complete Now Mandatory eKYC For Mutual Funds A business must know its customers before dealing with and especially financial institutions. Know Your Customer or KYC is a [Read More…]
Change effective 1st Sep: 5% TDS on “Net Receipts” from Life Insurance Policy
Ad 5% TDS on Net Receipts from Life Insurance Policy Budget 2019 has brought in some important amendments. One of them is the amendment of Sec 194DA providing that TDS [Read More…]
GST : Interest to be calculated only on NET cash tax liability
Ad GST: Interest to be calculated only on NET cash tax liability What will change with an amendment in section 50? After the amendment From now the interest on delayed [Read More…]
GST Due dates for the month of August 2019
Ad GST Due dates for the month of August 2019 Due dates under the GST regime are different based on your type of registration and aggregate turnover. Due dates for [Read More…]
ICAI: Compilation for the notifications for July 2019
Ad ICAI: Compilation of notifications for July 2019 Accounts ICAI and ASB invite comments on the exposure draft of Deferred Tax related to Assets and Liabilities arising from a Single [Read More…]
Taxation of Speculative Income
Ad Taxation of Speculative Income What is a Speculative transaction / Speculation Business? Speculation refers to trading in a financial instrument with high risk and high rewards. In other words, [Read More…]
How to resolve the issue of “invalid XML” in filing ITR?
Ad How to resolve the issue of “invalid XML” in filing ITR? Some basic instructions to be followed while filing ITR Make sure you select the correct assessment year for [Read More…]
36th GST Council Meeting Updates
Ad 36th GST Council Meeting Updates 36th GST Council Meeting was held on 27th July 2019. It was postponed from its scheduled date of 25th July 2019 due to the [Read More…]