GST
GST on ice cream
Last updated on July 23rd, 2022 at 12:35 pmGST on ice cream Ice-cream manufacturers Ice cream manufacturers have to pay GST @ 18% (HSN – 21050000) where major ingredients are milk, sugar, fruits, etc used […]
Articles by CA Ankita Khetan
Income Tax
Aadhaar-based instant PAN
Last updated on March 23rd, 2023 at 07:24 pmAadhaar-based instant PAN – Applicable only for Individuals Permanent Account Number (PAN) PAN (Permanent Account Number) is a ten-digit alphanumeric unique number. It is issued by the […]
GST
Income Tax
Section 234F : Fee for default in furnishing ITR
Last updated on July 28th, 2022 at 10:34 amSection 234F Fee for default in furnishing ITR Section 234F of Income Tax Act 1961 (Inserted vide Finance Act 2017) (Amended vide Finance Act 2021) ⇒ If […]
Income Tax
PAN will become inoperative from 1st July 2023 if not linked with Aadhaar
Last updated on March 29th, 2023 at 12:28 pmSection 234H Fee/Penalty for not linking PAN with Aadhaar In Union Budget 2021, a specific penalty for non-compliance with the provisions u/s 139AA(2) was introduced. Section 234H […]
GST
47th GST Council Meeting
Last updated on December 6th, 2022 at 10:51 am47th GST Council Meeting will be held on 28th and 29th June 2022 at Chandigarh under the Chairmanship of Finance Minister Nirmala Sitharaman. Earlier the meeting was […]
Income Tax
Affidavit for HUF PAN CARD application
Last updated on October 28th, 2022 at 04:55 pmAffidavit for HUF PAN CARD application If one wants to apply for PAN for a HUF, a duly filled and signed Form 49A is required to be […]
Income Tax
Income Tax Compliance Calendar
Last updated on September 12th, 2023 at 08:44 pmIncome tax compliance calendar There are various compliances that need to be taken care of by corporate as well as non-corporate assessees. Any divergence from the compliances […]
Income Tax
Buy Electric Vehicle & Save Tax
Last updated on August 7th, 2022 at 08:14 pmSection 80EEB – Buy Electric Vehicle & Save Tax In the Finance Bill 2019, the Auto Sector took a back seat as no significant measures were made. […]
Income Tax
How to claim deduction for rent paid if HRA is not part of your salary?
Last updated on July 17th, 2022 at 03:32 pmHow to claim deduction for rent paid if HRA is not part of your salary? Every organization has its own way of structuring the salary components. Some […]