Powerd By SAG INFOTECH
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Myth 01: The bigger number of the assessee will be influenced by the rule. Fact: For several privileges such as exporters, suppliers of goods of inverted duty structure, assessees who have a footstep in the Income Tax database, etc. it is thought that this rule will be applied to only 0.5% of the total assessees […]
Under the secondment contract, the Customs, Excise, and Service Taxes Appellate Tribunal (CESTAT) ruled that there will be no tax applied to the employees. The petitioner is the owner or the northern operating systems Pvt ltd and is registered under the council for releasing the service tax beside the categories of “Manpower Recruitment Agency Service”, […]
According to the assessee, the government has prolonged the deadlines for the income tax goods and services tax along with Vivad se Vishwas direct tax conflict intention policy with context to the view of the challenges which is raised because of Covid-19 pandemic. “Considering the problems being faced by the taxpayers, it has been decided […]
Due to the Covid-19 Pandemic, back-to-back lock-down were imposed this year and it disrupted people’s travel plans. It means that many people are not able to use their available Leave Travel Allowance (LTA) from their pay structures. In view of the difficult economic environment, and to encourage individuals to use their unclaimed LTA amounts and […]
The Income Tax Appellate Tribunal (ITAT) ruled that no tax is suitable on the shipping income of foreign vessels beneath the India-Singapore Tax Treaty. The taxpayer is the owner of Bengal Tiger Line Pte Ltd. is a citizen of Singapore and associated in the business enterprise of ships in the International world. The freight beneficiary […]
Through Right to Information (RTI) wife have the right to ask the salary of their husband along with the related information said The Central Information Commission (CIC) on Wednesday. CIC has given the major declaration post-hearing the appeal furnished by Rahmat Bano of Jodhpur post IT department ruled that the income of her husbands belongs […]
The tax council will no more provide any privilege to any business unless it is not important. As per the reference in the talks amid the Department for Promotion of Industry and internal trade DPIIT along with the revenue council, the north block has refused the plan to prolong the incorporation cut-off date for startups […]
The government in the next budget under the NPS (National Pension Scheme) tax-free can do 14% of the employer contribution. This waiver can be provided to every subscriber resting in the class. But presently this tax privilege is just for the employees of the central government. The Supratim Bandyopadhyay, chairman of pension fund regulator PFRDA, […]
The revenue council on Monday specified that people are not paying the returns despite they have been founded with turnover in crores and declares that for the honest assessees while also stating that there will be no major amendment in the reporting of GST turnover data in Form 26AS. There is no more load on […]
