• twitter-icon

Search results for: Income tax Act

Monopoly Guide for CS

Simplified All Features of Monopoly with Its Types for CS

What is Monopoly? The word monopoly for CS is rendered of two words: mono indicates one and Polein points to sell. In economics, monopoly directs to a company that sells a product in the market excluding the replacement. Hence, it is a one-firm industry. All Features of Monopoly There are four main features to understand […]

New Amendment for GST ITC

Govt Authority Mandates Invoices Matched for GST ITC from 2022

Under the GST regime, the finance ministry has circulated a notice dated 1st Jan 2022 as the date towards the norms pointing 100% invoice matching essential for GST ITC (Input Tax Credit). Towards every taxpayer, the framework computes GST ITC based on the return furnished through his or her supplier. “These curb the chance of […]

All About MCA e-Form CRA-4 Form

Simple Guide of Filing e-Form CRA-4 for Cost Audit Report

The government has detailed the e-form CRA-4 and its relevant guidelines with due dates as well as the threshold limits of form applicability. The post also includes the annexures with the dates as part of overall compliance. Check out in detail below: e-Form CRA-4 Rules and Sections Under Company Act Part I – Law(s) Governing […]

Update Your New Income Tax Website Profile

Simple Steps to Update/Modify Your New ITR Website Profile

For any taxpayer, it is essential to find out that all your personal information on the tax filing portal is updated. There might have done a revision in your name, address, mobile number, etc. An assessee is urged to update/ modify the profile information on the new ITR portal to ensure that the essential communication […]

How Salaried Can Claim TDS Credit Which is Not Paid to Govt?

Quick to Claim TDS Credit Not Deposited By Employer to Govt

Kartik was a pilot working in Kingfisher Airlines. The airline that collapsed has deducted the tax from his income however this does not furnish the TDS within the government. But the tax council furnished notice to him for furnishing the tax. The issue is not limited to his income but can lead in the case […]

Every Detail About Salary Slip

All About Salary Slip with Format and Its Important Parts

The Proper Definition of Salary Slip Employee salary slip is a document given by the employer to the employee upon receiving of income every month and has complete details including gross salary to net salary with deductions. All information can be seen in a proper salary format which is prescribed by the government. It shall […]

Mumbai ITAT's Order for M/s Karanja Terminal and Logistic Pvt

ITAT: No Fine If Failure to Settle Self-Assessment I-T Liability Due to Restriction (Read Order)

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled that there is no penalty that could force on the failure to release the considered self-assessment income tax liability because of the fiscal pressures. “The assessee company, M/s Karanja Terminal and Logistic Pvt. Ltd. had e-filed its return of income for A.Y 2011-12 declaring an […]

Details of DIR-11 and DIR-12 E-forms

Simple Guide to Forms DIR-11 and DIR-12 with PDF Formats

What is Form DIR-12? e-Form DIR-12 is needed to be furnished for Appointment/Resignation or towards the case of revision in Designation of Directors of the Company following to Sections 7(1) (c), 168 & 170 (2) of the Companies Act, 2013 and Rule 17 of Companies (Incorporation) Rules 8, 15 & 18 of Companies (Appointment and […]

Filing Form 10E

Easy Process of Filing 10E Form U/S 89(1) on New ITR Portal

To avail of the advantages beneath section 89(1), filing a 10E Form is an essential part. Upon the income tax e-filing portal one can furnish this form online. An individual can log in to your account to access the form. Income Tax Notice Concerning Non-filing of 10E Form Within the fiscal year, 2014-15 in the […]

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Super Tax Offer

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Gen Complaw Software