What are the Capital Assets? A Capital asset either movable or immovable nature is defined to be assessed under the …
Read moreIncome tax: What is the Capital Gains under the Income Tax act
Filing of Income Tax Return is recommended even if the assessee total income does not exceed the basic exemption limit …
Even though filing under the New GST Return system enhances the Transparency and accuracy it has associated with certain challenges …
Read moreChallenges and Issues expected upon Implementation of New GST Return
The Government has come with a new notification restricting the quantum of availing the Input Tax Credit in respect of …
In certain cases, the recipient of Goods or Services is liable to pay GST on Reverse Charge Basis. Procedure and …
Various Government authorities are using Digital Signature Certificate (DSC) for authentication and signing purposes. In this article, we will discuss …
Read moreProcedure for Registering and Updating DSC on GST Portal
Purpose:- The main purpose behind Ordinance provides domestic companies an option to opt for Lower tax rates, provided further that …
Angel Tax is levied at the rate of more than 30% in India, which will be exempted from satisfying certain …
Read moreStartup Investment: Angel Tax Exemption for Startup’s
In some cases, the refund will not be processed due to some errors and the taxpayer needs to submit a …
Read moreRe-Issuance of Income Tax Refund-How to Submit a Request Online
Why sec 234D levy, how is refund granted, Reason for levy 234D, How interest is computed, What may be the …
Read moreSection 234D : Interest on Excess Income Tax Refund