Section 206AB and 206CCA are inserted in the Income-tax Act, 1961 (effective from 1st July 2021). These sections impose a higher TDS/TCS rate on the 'Specified Persons', as defined in the new sections.
Read MoreWhile presenting the Union Budget, 2021 on 1st Feb., 2021, the Finance Minister announced for pre-filling of returns in order to ease the filing of returns. The Budget proposed that details of capital gains from listed securities, dividend income and interest from banks, post office etc.
Read MoreGST stand for the Goods and Service Tax. It was introduced in India on July 01, 2017, which subsumed most Indian indirect taxes. Today, GST's contribution towards Indian GDP is way ahead of Direct taxes.
Read MoreCharitable trusts registered under the Income Tax Act are now mandated to obtain fresh registrations under the Income Tax Act ("the Act").
Read MoreRTI stands for Right to information. In simple words, RTI gives the Right to the Indian residents to enquire about any piece of information, from the central of state government departments or offices.
Read More28th 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")
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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American Institute of Certified Public Accountants 
Association of Chartered Certified Accountants 
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Federal Reserve Board of USA 
Indian GST FAQs 
Indian Income Tax 
Information System Audit and Control Association 
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