Discard Return

By: Mr. Prasanna Ravikant Bhat - 1st December, 2023


The Income Tax Department has recently launched a new feature called 'Discard Return'. This feature allows an individual to completely discard, i.e., delete their previously filed unverified income tax return (ITR).

Read More

Blog on Section 194R along with FAQs

By: Vidhi Vora - 27th October, 2023


Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income­ tax Act, 1961

Read More

A note on Bonus Shares

By: Sakina Bohra - 2nd June, 2023


Bonus shares, also known as scrip dividends or capitalization issues, are an essential aspect of the Indian stock market. They serve as an attractive incentive for shareholders and have gained considerable popularity among investors. In this article, we will delve into the concept of bonus shares, exploring their benefits, implications, and the regulatory framework governing their distribution in India.

Read More

Accounting Audit Trail

By: Mr. Prasanna Ravikant Bhat - 29th March, 2023


An audit trail is a detailed, chronological record of all the transactions in a company, including financial transactions, operational activities, and administrative tasks where accounting, project details, and other financial data are tracked and traced.

Read More

Reporting Requirements u/r 21AAA of the Income Tax Rules by Resident Indians who have retirement benefit accounts overseas.

By: Vidhi Vora - 28th March, 2023


There are many Indians (“specified persons”) who are currently resident in India

Read More
Recent Blogs

Tax Collection at Source on Outbound Foreign Remittances

By: Priyanka Jain

9th January, 2025

Blog on Section 194R along with FAQs

By: Vidhi Vora

27th October, 2023

A note on Bonus Shares

By: Sakina Bohra

2nd June, 2023

PAN-AADHAAR Linking

By: Mr. Mohit Shetty

2nd June, 2022

UNION BUDGET 2022 – A SYNOPSIS

By: Mr. Vipul J Oza

16th February, 2022

Taxation of Rewards earned by Olympic players

By: Mr. Mohit Shetty

9th September, 2021

44AD & 44ADA

By: Sakina Bohra

26th August, 2021

How different is the Indian GST from UAE VAT system?

By: Mr. Harshit Mogra

5th May, 2021

Stamp Duty and Registration of Documents

By: Diptika Jadhav

9th April, 2021

Composition scheme in GST

By: Yashvi Parikh

19th March, 2021

Section 194Q- TDS on Purchase of Goods

By: Priyanka Jain

15th March, 2021

80E : Deduction on Payment of Interest on Education loan

By: Mr. Vipul J Oza

8th March, 2021

Audit of Society

By: Priyanka Jain

24th February, 2021

Electronic Invoicing under GST: E-invoicing

By: Diptika Jadhav

5th February, 2021

ITC Credit eligibility & Rules on ITC credit utilization

By: Diptika Jadhav

1st February, 2021

E-WAY Bill

By: Diptika Jadhav

1st February, 2021

MSME Registration

By: Diptika Jadhav

11th January, 2021

GAFA Tax – Trapping the Tech Giants

By: Mr. Harshit Mogra

28th December, 2020

Foreign Contribution (Regulation) Amendment Act, 2020 ("FCRA 2020")

By: Nikita Theresa Noronha

16th December, 2020

Equalisation levy – Taxation going Digital

By: Nikita Theresa Noronha

10th December, 2020

GST - A Destination Based Tax - Place of Supply Rules

By: Mr. Harshit Mogra

7th December, 2020

Refund Claims under GST for Tax and Input Tax Credit (ITC)

By: Mr. Harshit Mogra

9th November, 2020

Point of Supply

By: Mr. Harshit Mogra

5th November, 2020


Disclaimer

The Blogs published in this website are for educational purposes only. It is meant to give you a general information and a general understanding of the topics discussed therein and not to provide you or any person any professional advice thereof. By using this website you understand that there is no professional relationship between you and Mundle Venkatraman and Associates (MVA) or with any of its partners, associates or employees. Any information available on this website should not be used as a substitute for competent professional advice.