Point of taxation or the time of supply is the time when goods have been supplied and services have been provided or are deemed to be supplied and provided.
Read MoreEvery person, being a seller, who receives any amount as consideration for sale of any goods of the value or aggregate of such value exceeding fifty lakh rupees in any previous year, other than the goods being exported out of India or goods covered in sub-section (1) or sub-section (1F) or sub-section (1G) shall, at the time of receipt of such amount, collect from the buyer, a sum equal to 0.1 per cent of the sale consideration exceeding fifty lakh rupees as income-tax.
Read MoreIt is a tax levied by the Government of India on the income of every person. The provisions governing the Income-tax are covered in the Income-tax Act, 1961.
Read MoreWhen files are uploaded by assessee in the ITBA it is stored in the ITBA database with limitations on number and size of files uploaded.
Read MoreThe Union Budget 2019 proposed the introduction of a scheme of faceless e-assessment. The purpose of the proposed scheme was to eliminate the human interface between the taxpayer and the income tax department.
Read MoreUnion Budget 2025 – A synopsis about the tax and compliance reforms
By: Priyanka Jain
6th February, 2025
Income Tax Clearance Certificate for travel outside India
27th August, 2024
By: Vidhi Vora
28th March, 2023
By: Mr. Prasanna Ravikant Bhat
7th February, 2023
Certificate in Form 10BE for Claiming Deduction u/s 80G
By: Mr. Prasanna Ravikant Bhat
27th May, 2022
Profession tax enrollment and registration - Applicability in Maharashtra State
By: Mr. Prasanna Ravikant Bhat
19th March, 2021
Foreign Contribution (Regulation) Amendment Act, 2020 ("FCRA 2020")
By: Nikita Theresa Noronha
16th December, 2020
Using file systems to enhance performance of Income Tax Business Application (ITBA)
17th December, 2019
Income Tax Compounding Fees - 276CC Offences - Nonfiling of returns
13th November, 2019
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