Articles by CA Prateek Garg

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All about Form 15G/15H

  CA Prateek Garg    02 May 2016 at 10:33

BACKGROUND�Chapter XVII � Collection and Recovery of Tax� of Income Tax Act 1961 provides for the various provisions related to deduction of tax at source. These provisions work as a tax collection mechanism. Apart from upfront coll



Equalization Levy to Tax Digital Advertisements - Finance Bill 2016

  CA Prateek Garg    05 March 2016 at 11:37

We are living in a world where information and communication technology is changing rapidly. This has resulted into new business models where goods and services are being supplied in virtual world. Business are being conducted in digital domain and t



Changes introduced in procedures related to furnishing of Form 15CA and 15CB

  CA Prateek Garg    21 December 2015 at 10:38

CBDT vide its notification no 93/2015 dated 16th December 2015 substituted the old rule 37BB with entirely new rule 37BB. The new rule 37BB incorporates the following procedures for furnishing of declarations on foreign payments. FURNISHING OF FORM 1



Changes introduced by Delhi value added tax (third amendment) act, 2015

  CA Prateek Garg    12 December 2015 at 12:50

Delhi Government introduced the Delhi Value Added Tax (Third Amendment) Bill 2015 in the Delhi Legislative Assembly on 4th December 2015 and passed it on the same day. 1. SHORT TITLE, EXTENT AND COMMENCEMENT.(i) This Act may be called the Delhi Value