Major Benefits of Income Tax Return Filing
Filing of Income Tax Return is recommended even if the assessee total income does not exceed the basic exemption limit …
Form AOC-4 (Financial statements in Accounts of Companies form No.4)
Form AOC-4 is one of the annual filing form used to file the financial statements of the company with the …
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Challenges and Issues expected upon Implementation of New GST Return
Even though filing under the New GST Return system enhances the Transparency and accuracy it has associated with certain challenges …
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Restriction of Input Tax Credit under GST to 20%
The Government has come with a new notification restricting the quantum of availing the Input Tax Credit in respect of …
Procedure for Payment of RCM Liability under GST
In certain cases, the recipient of Goods or Services is liable to pay GST on Reverse Charge Basis. Procedure and …
Procedure for Registering and Updating DSC on GST Portal
Various Government authorities are using Digital Signature Certificate (DSC) for authentication and signing purposes. In this article, we will discuss …
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The Taxation Laws (Amendment) Ordinance, 2019
Purpose:- The main purpose behind Ordinance provides domestic companies an option to opt for Lower tax rates, provided further that …
Startup Investment: Angel Tax Exemption for Startup’s
Angel Tax is levied at the rate of more than 30% in India, which will be exempted from satisfying certain …
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Re-Issuance of Income Tax Refund-How to Submit a Request Online
In some cases, the refund will not be processed due to some errors and the taxpayer needs to submit a …
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Section 234D : Interest on Excess Income Tax Refund
Why sec 234D levy, how is refund granted, Reason for levy 234D, How interest is computed, What may be the …
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