TCS under section 206C(1H) of income tax Act Article on Tax Collection at Source as per Section 206C(1H) of Income Tax Act,1962, W.E.F.01.10.2020. Dear Colleagues, Greetings of the day. I have received requests from our tax professionals to prepare an article on “ Tax Collection
Case Covered- Applicant- M/s ID fresh food (India) Pvt ltd. AAAR Karnataka The tax rate of “Parota” 18% is void ab initio You must have heard about this headline. Some months back it was the news of the town. The tax rate of Parota 18%
42th Council Meeting As the stand-off on GST compensation continues between states and the central government, the 42nd GST Council meeting which was scheduled for September 19, now held today i.e. October 5. Quarterly filing of GSTR-1 & GSTR-3B for taxpayers with aggregate turnover of
माल की बिक्री के सम्िन्ध में प्राप्त राशि पर टीसीएस का नये प्रावधान| टीसीएस माल की बिक्री पर- सुधीर हालाखंडी
Compliance calendar for the month of October-
What is TCS on goods u/s 206C(1H) This is a new TCS on goods u/s 206C(1H) of the income tax Act. It is applicable when the total gross receipts or turnover in the previous year was more than Rs. 10 crores. This provision is applicable to from
Starting an investment in mutual funds? It’s great to start investing at an early age. It helps you to reap the rich experience. Starting an investment in mutual funds is a good start for a peaceful retirement. Investing is an art. It is filled with
The due date for the filing of ITR for FY 1819 AY 1920 extended from 30.09.2020 to 30.11.2020. In an order issued today, the CBDT extended the date. The taxpayers were facing the problems in filing the return due to the COVID lockdown. It is
The due date for GSTR 9 and 9C for 2018-19 The due date for GSTR 9 and 9C for 2018-19is extended by CBIC. A tweet has been issued by CBIC. It confirms the extension of the GSTR 9 and 9C due date. Yesterday was
Format of a management representation letter (MRL) Chartered Accountants Dear Sirs, This representation letter is provided in connection with your audit of the financial statement of M/s. …….for the year ended 31st March 2020 for the purpose of expressing an opinion as to whether the
