Section 43B(h) of Income Tax and dues to MSME Vendors

Section 43B(h) of Income Tax and dues to MSME Vendors

Analysis of Differences in Security Services by different Business Compositions

Difference between Security Services provided by Private Limited Company or Body Corporate and Non-Corporate & Non-Body Corporate.

Advance tax for Senior Citizens

Is a senior citizen having dividend income and capital gain income required to pay advanced tax?

Linking of Pan and Aadhaar

Linking of PAN and Aadhaar is Mandatory. Do it by 31st March 2023

Highlights of The Karnataka Budget 2023

Salient Features of the Karnataka Budget 2023

Table of Existing & New Reduced TDS Rates:

To provide more funds at the disposal of taxpayers for dealing with the economic situation arising out of COVID-19 pandemic, rates of TDS have been reduced by 25% for following non-salaried specified payments.

CBDT notifies Income Tax Return forms 1 to 7 for AY 2020-21(FY 2019-20)

CBDT notifies Income Tax Return forms 1 to 7 for AY 2020-21(FY 2019-20), vide G.S.R. 338(E) dated 29th May, 2020.

What is the extended deadline for a tax audit for FY19-20?

1. The Due date of all income tax returns for FY 2019-20 is extended from 31st July 2020 & 31st October 2020 to 30th November 2020 and
2. The due date for Tax Audit for the FY 2019–20 is extended from 30th September 2020 to 31st October 2020