Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The income tax department has provided relief upon some non-residents and foreign investors from filing ITR from FY 2020-21, an initiative that has a motive to simplify the compliance load. Via notification department of Central Board of Direct Taxes (CBDT) specified that non-residents (corporates or others poses no income excluding the income through the investment […]
XBRL can be implemented for various business and financial information. The best XBRL software can manage other things such as company internal and external financial reporting, filing loan reports, and applications like credit risk assessments. XBRL is the language for the electronic communication of business and financial data that is revolutionizing business reporting all across […]
Following the ‘Gujarat model’ of the income tax investigation, the Central Board of Direct Taxes (CBDT), Delhi, has passed the guidelines for all the director generals of the income tax investigation department, telling them to follow a standard operating procedure (SOP) that indulge particular methods which being from the devising stage of research and capture […]
There are various steel manufactures and coal mining firms that have outreached to their respective legal experts to look into options to challenge the current government diktat to tax opening royalty and license fees within the Goods and Services Tax (GST) framework. Recently when the meeting was held the government has informed that any royalty […]
Taxpayers must have to submit their certain Income tax Returns under the specified time span to escape fines. However, there are majorly two documents that one should require for filing their annual returns namely form 16 and form 26AS. These two documents are equivalent and should match in all ways to ensure that your Income […]
The Simplicity of Executing Business for MSMEs Approximately 50 lakh enrollments have been done on the Zero-cost MSME registration portal Udyam in just 14 months since its start on 1st July 2020. The first 25 lakh enrollment has been reported on the latest paperless portal in 8 months on 5th March 2021 and the mentioned […]
In case you are an employee of an organization and get a salary from it then you do not need to have to pay goods and services tax (GST). However, If you are a lawyer, freelancer, designer, architect, developer, or even sales professional, etc – GST would applicable in these particular cases. GST builds a […]
There are assessees who are facing issues in GST return furnishing, the tax council stated that the IT grievance redressal committee will acknowledge the imposed interest and the late fee. On September 20 Central Board of Indirect Taxes and Customs (CBIC) clarified that some of the assessees are facing hardships in the updation of the […]
Apparently, as the price of fuel takes its utmost speed and as a result, it’s an all-time high. There is a survey which is going around that 77 % of citizens wish to indulge petrol and diesel under the range of the Goods and Services Tax ( GST). This scrutinize has been performed by community […]
