IMS was developed by GST Council and GSTN (Goods and Services Network) and it was launched on 1st October 2024, made available to users on 14th October for ITC computation and claim process.
An Overview of Real Estate (Regulation and Development) Act (RERA), 2016IntroductionIn today’s world, every person purchase immovable property from Real
Key Amendments proposed in Budget 2025 (Income Tax)
The purchase of immovable property is not just a strategic investment but also a transaction laden with tax implications under various provisions of the Income Tax Act, 1961.
The Direct Tax Vivad se Vishwas Scheme, 2024 was introduced with the objective of providing a mechanism of settlement of disputed issues, thereby reducing litigation without much cost to the taxpayer.
Our Honorable Finance Minister "Nirmala Sitharaman Ji" in the recent Final Budget of 2024 has proposed some important changes regarding taxation of property that will be discussed further in this article.
The CBDT has issued order that tax demands under Income Tax Act, Wealth Tax, and Gift Tax which are outstanding as on 31st March pertaining to assessment year 2010-11- each demand entry up to Rs. 25000/- and assessment year 2011-12 to 2015-16 - each demand entry up to Rs. 10000/- shall be extinguished but subject to maximum ceiling of Rs. 1 lakh for any specific taxpayer/assessee.
In this article, we will discuss in depth about audit of branch of bank.
The CBDT notified Rule 21B prescribing the additional information that is required to be furnished by non-residents along with TRC in prescribing Form-10F.
This article aims to provide a comprehensive understanding of Form 15CA and 15CB and the procedures involved.