Articles by CA CMA Sagar Jaiswal

Simplify Your Tax Calculations with comparison with Old and New Regime as per the Finance Bill 2025

CA CMA Sagar Jaiswal 05 February 2025 at 08:49

Are you a salaried employee looking to simplify your income tax calculations? Look no further! I am excited to introduce my Auto Calculator Income Tax Excel Sheet.

TDS on sale of property under migrated E-filling portal

CA CMA Sagar Jaiswal 05 April 2023 at 08:46

As per section 194 IA of Income tax Act, 1961, TDS is applicable on sale of immovable property, if the consideration of property exceeds or equal to Rs. 50,00,000/- (Rs. Fifty lakhs). The rate of tax under the above section is 1% which is to be deducted and need to be deposited by buyer.

New GST rate on various construction services from 18th July 2022

CA CMA Sagar Jaiswal 18 July 2022 at 08:44

The GST department has notified the GST rate revisions, recommended at the 47th GST Council meeting held on 28th & 29th June 2022. Correspondingly CBIC issued Notification No. 03/2022 on 13th July 2022 amending Notification no. 11/2017 dated 28th June 2017, wherein GST rates for various construction services have been revised.

Reporting of dividend distribution by companies to the IT department under SFT reporting

CA CMA Sagar Jaiswal 14 May 2021 at 09:42

Section 285BA of the Income Tax Act, 1961 read with Rule 114E of Income Tax Rules, 1962 says certain persons are required to report a statement of financial transaction (SFT) or reportable account to the Income Tax Department.