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Income Tax Return filers need to be very alert as the bogus messages of Income-tax Department is becoming run of the mill. A company which invents protection software for the computer and mobile has informed that the fake messages of income tax department are summing up these days. Cybercriminals send these bogus messages to steal […]
ADT-1 Form for Appointment of First Auditor When a company appoints an auditor, it is under an obligation to notify the Registrar of Companies (ROC) about the appointment in a prescribed manner as per section 139 (1) of the Companies Act 2013. Form ADT-1 is used for this purpose. Under Section 139 (1) of the […]
India’s economy is currently running towards 1 lakh crore or 1 trillion and fluctuates sometimes due to multiple reasons. The government is also on its toe to fetch as much as tax from the businesses. Countries biggest industrial chief Mukesh Ambani recently made some of the staggering announcements at its 42nd annual general meeting held […]
Only 10 Days Left For GST Annual Return Filing. It is a very alarming situation for both the taxpayers as well as for the government due to the reduction in GST return filing status. The GST portal is also said to be in slow processing. The portal is currently under stress due to a lot […]
Rewards to homebuyers is a new hatch by the union government to innervate the growth of stagnant real estate sector along with other measures which include a proposal by homebuyers about marginally elevating the Goods and Services Tax (GST) on housing projects and cutting down the overall cost, people having deep knowledge about the development […]
A digital signature is the mark of approval of electronic information same as we need a regular signature to approve manual documents. Income Tax filing is now an electronic procedure; in order to confirm the authenticity of the information filed, one needs to affix a digital signature on the tax return document. The I-T Act […]
Maharashtra is ahead in the league in terms of GST collections in the country. It is estimated by the officials that, the state has managed to gather Rs. 1.70 crore as GST which is 15% of the aggregate GST collection of the nation. The contribution is titled as the highest GST collection in India. Finance […]
Introduction of TDS Section 194N Keeping in mind the blueprint of the cashless economy, the BJP-led government is frequently introducing reforms in the laws to achieve the goal. Starting with demonetization, the government has come up with new laws in the constitution which fulfil the purpose of the cashless economy in the nation. Section 194N […]
According to the specialists, the manufacturers and wholesalers who supply a discount to retailers to pass on to the customers, GST on which is creating confusion and pushing towards possible legal proceedings. The retailers say that GST on discount can put them into a difficult situation following the government’s recent decision. In June 2019, the […]
