194S TDS: Tax on Cryptocurrency and Digital Assets
194S TDS is applicable on the payment for the transfer of Virtual Digital Assets (which include cryptocurrencies and non-fungible tokens). […]
Tax Audit Form: Applicability of Form 3CA-3CD
Tax audit form is used to report details of a tax audit conducted under Section 44AB of the Income-tax Act.
Input Tax Credit: Claiming ITC in GSTR-9 for Cross-Year Invoices
Input Tax Credit allows taxpayers to claim credit for the GST paid on purchases (inward supplies) against their GST liability
Income Tax Return Forms: Filing Deadlines by December 2024
There are various Forms which are used to report TDS, TCS, or other tax-related transactions. To avoid penalties, businesses, companies,
GSTR-9: Applicability and Turnover Limit For FY 2023-24
GSTR-9 is an annual return which has to be file by regular taxpayers to maintain accurate records of GST transactions.
Section 92E of the IT Act: Due Date Extended to 15th December 2024
Section 92E applies to international and specified domestic transactions between Associated Enterprises (AEs), with at least one party being a
Income Tax For Senior Citizens: No Tax Above 75 Years Of Age
Income Tax for Senior Citizens above 75 years are exempt from paying income tax. This message is circulating on social
ROC Return Filling Due Date: Is Form MGT-7 Extended?
ROC (Registrar of Companies) is an authority under the MCA that oversees company and LLP registration, regulation, and compliance in
PAN 2.0: Card Gets a Tech Upgrade with QR Code
PAN 2.0 is an e-Governance project approved by the Indian government to modernize PAN/TAN services which will upgrade the current
Income Tax Refund Claim Window Reduction
Income Tax Refund Claim Window Reduction means taxpayers now have 5 years instead of 6 years from the end of
Direct Tax Code: Upcoming Major Changes in 2025
Direct Tax Code is a proposed legislation set to modernize, simplify and align India’s tax law into a single code
Section 185 of Companies Act 2013: Restrictions on Director Loans
Section 185 of Companies Act 2013 prohibits companies from giving loans. According to Section 184(1) of the Act, a company