The final Instalment of payment of Advance Tax is due on 15th March 2020. Remember 15th March 2020 falls on Sunday. Hence please pay on or before 15th March and avoid last minute rush ups. Click here to calculate your Advance Tax Liability Click here to make Advance Tax Payment online
Advance Tax Payment – Due on 15th Mar 2020 Read More »
The Central Board of Direct Taxes (CBDT) has released a document containing Frequently Asked Questions (FAQs) on Vivad Se Vishwas Bill ,2020. The FAQ is provided below :- www.incometaxindiaefiling.gov.in
Vivad Se Vishwas Scheme – FAQs Read More »
Compliance Under Compliance Due date Income-tax Act, 1961 Deposit of Tax Deducted/Collected (TDS/TCS) 7th March 2020 GST Return for TDS under GST 10th March 2020 GST Return for Outward Supplies of Taxable Goods and/or Services 11th March 2020 Income-tax Act,1961 Advance Income Tax – Final Instalment for all Assessees 15th March 2020 Provident Fund Deposit
Statutory Obligations for the month of March 2020 Read More »
During the recent budget speech, the Indian Finance minister had announced a new scheme for settling the outstanding disputes with the Income tax department and the same was named as VIVAD SE VISHWAS (VVS). This scheme once comes into force, is a very good opportunity for Income-tax assessees with long pending tax disputes. These disputes
Good Chance for settling your Income-tax Disputes… Read More »
The announcement of the finance minister regarding the reduction of rate of Income-tax in respect of Domestic Companies to 22% has created lot of interest amongst all entrepreneurs to go into corporate form of business considering the tax benefits. The below table is a comparison of tax liability for various types of Organisations for different
The Central Board of Direct Taxes (CBDT) vide its Order u/s. 119 of the Income-tax Act,1961 , dated 23rd July 2019 has extended the due date for filing the Income-tax returns in respect of all taxpayers who are liable to file Income tax returns. The extended due date is 31st Aug 2019 (earlier due date
Due date for filing Returns (Non Audit) extended Read More »
The due date for payment of Advance tax for the year 2019-20 (AY 2020-21) falls on 15th June 2019. Click here to open a tool which will help you calculate your Advance tax liability. Click here for the link for Payment of Advance Tax online. Please ensure to give your correct PAN , Address ,
Advance Tax Calculator for AY 2020-21 Read More »
The following are the statutory obligations for the month of April 2018 [table id=21 /]
Statutory Obligations for the month of April 2018 Read More »
The following are the Statutory obligations for the month of January 2018. [table id=16 /]
Statutory Obligations for the month of January 2018 Read More »
As per Section 139 AA of the Income-tax Act,1961 , all the taxpayers are mandatorily required to link their PAN with their Aadhaar Numbers. The earlier due date was 31st August 2017, which was extended to 31st December 2017. In view of the representations received and also on account of the difficulties faced by the
Time limit for linking Aadhaar & PAN extended to 31st March 2018 Read More »
The following are the statutory obligations for the month of December 2017 [table id=15 /] [chat style=8 num=919840228480]
Statutory Obligations for the month of December 2017 Read More »
The Income-tax Department had recently made linking of Aadhaar & PAN madatory for assessees. A facility for the same was also introduced in the income tax efiling website www.incometaxindiaefiling.gov.in. Now the Income-tax Department vide its Notification No S O 1513(E) dtd 11th May 2017 has exempted the following assessees :- Persons residing in the States of
Exemption from Aaadhaar – PAN Linking Read More »
The Government of India had recently announced that the PAN numbers shall be linked to the Aadhaar mandatorily. Accordingly, the Income tax department had provided a facility in online efiling account , a facility to link aadhar card to the PAN. In most of the cases, as the Name of the Assessee as per PAN
HOW TO LINK AADHAAR TO PAN Read More »
If you have habit of making high value cash purchases (including jewellery/bullion) its time to shell out more money for your purchases. As per the recent Finance Bill 2017 (which is yet to be passed by the Parliament), you may have to pay TCS (Tax Collected at Source) @ 1% on your Cash purchases exceeding
ARE U MAKING CASH PURCHASES (INCLUDING JEWELLERY) EXCEEDING RS. 2 LAKHS? Read More »
The following are the various statotory obligations for the month of September 2016 :- [table id=14 /]
Statutory Obligations for the month of September 2016 Read More »
