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Goods and Service TaxLatest News

Interest on the Late GST Payment would imposed on Net Cash Tax Liability

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Nov 17, 2020

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Reading Time: 4 Minutes

CBIC has rolled out some crucial directions on the interest on the late GST payment under the purview of the CGST A...

What are the Different ways to claim the TDS Refund Online? Here’s what you need to Know!

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Nov 17, 2020

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Reading Time: 4 Minutes

The individuals who have made financial declarations at a start of the year, which are less than the proof of inves...

Goods and Service Tax

Things you must know about GSTR-5 Filing: How to go about it?

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Nov 17, 2020

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Reading Time: 5 Minutes

GSTR-5 is a return form for the individual who is not an Indian national but registered under GST. A summariz...

Goods and Service Tax

How to Use SMS Facility for the GSTR-3B Filing?

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Nov 16, 2020

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Reading Time: 4 Minutes

Are you having issues in conventionally filing the GSTR-3B? Well, you can now use the SMS facility to serve the sam...

Now Long Term Capital Gains Tax does not apply to indirect transfer of Indian Assets

<img width="50" height="50" alt="Soumya Bajpai" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/01/0-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Soumya Bajpai" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/01/0-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Soumya Bajpai" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/01/0-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Soumya Bajpai" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/01/0-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img width="50" height="50" alt="Soumya Bajpai" data-src="https://corpbiz.io/learning/wp-content/uploads/2020/01/0-150x150.jpg" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo lazyload" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" /><noscript><img src="https://corpbiz.io/learning/wp-content/uploads/2020/01/0-150x150.jpg" width="50" height="50" alt="Soumya Bajpai" class="avatar avatar-50 wp-user-avatar wp-user-avatar-50 alignnone photo" />

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Nov 15, 2020

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Reading Time: 3 Minutes

The Delhi bench of (ITAT) Income Tax Appellate Tribunal has ruled that long term capital gains tax will be not impo...

Section 194M –Deducting Taxes on Payment to Professionals and Resident Contractors

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Nov 13, 2020

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Section 194M exhibits about taxing high valued transactions that occur at a personal level introduced by the govern...

Pay TDS Online with E-Payment Tax- TDS Challan ITNS 281

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Nov 13, 2020

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Reading Time: 3 Minutes

In year 2004, a manual process of collection of taxes was replaced by an OLTAS (Online Tax Accounting System). It w...

Income Tax Department has Released New Tax Audit utility Schema Version under Form 3CD

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Nov 12, 2020

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Reading Time: 2 Minutes

The Income Tax Department has notified Form 3CD Schema Changes under e-Filing Project released by New Tax Audit uti...

What is Tax Deducted at Source & TDS certificate?

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Nov 12, 2020

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Tax Deducted at Source forms a major part of direct taxation mechanism applicable to various heads of an income to...

How Tax Authority Levy Tax on Diwali Gifts? Here what’s you Need to Remember!

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Nov 12, 2020

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Reading Time: 4 Minutes

Diwali is the festival of light which is celebrated all across the nation with full of energy and positive vibes. E...

What is TDS Payment Due Date through Challan?

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Nov 11, 2020

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Reading Time: 3 Minutes

Taxes must be deducted at the rates specified in the relevant provisions of Income Act or First Schedule to the Fin...

Form 16B – TDS Certificate Regarding Sale of Property

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Nov 11, 2020

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Reading Time: 4 Minutes

Every individual who is earning taxable income is needed to file ITR to report their tax obligations and income. Ho...

Goods and Service Tax

An Outlook On Impact of GST On The Automobile Sector

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Nov 11, 2020

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Before GST implementation, taxpayers have to confront strings of indirect taxes in India. Every state in the Indian...

DHC has Allowed GSP Power System to file Revised Returns under DVAT

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Nov 10, 2020

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DVAT Act is made to consolidate and amend the law related to levy of tax on sale of goods, transfer of right to use...

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