CAclubindia News

GSTN issues Advisory for Form GSTR-1A

27 July 2024 at 09:10

The Government vide notification No. 12/2024 – Central Tax dated 10.07.2024, has introduced FORM GSTR-1A which is an optional Form/ facility.

Posted in GST | 2022 Views

Amendments to Sections 201 and 206C: Time Limit for Deeming Assessee in Default Reduced

27 July 2024 at 09:10

Reducing time limitation for orders deeming any person to be assessee in default

Posted in Union Budget | 2370 Views

Proposed Amendments to Section 276B: Rationalising Prosecution for Delayed Tax Payments

27 July 2024 at 09:09

Amendments proposed in section 276B of the Act for rationalisation of provisions

Posted in Union Budget | 1737 Views

Amendments to Black Money Act 2015: Increased Penalty Threshold for Undisclosed Foreign Assets in ITR

27 July 2024 at 09:08

Amendments in section 42 and 43 of the Black Money Act, 2015 relating to penalty for failure to disclose foreign income and asset in the ITR

Posted in Union Budget | 2313 Views

Amendment to Equalisation Levy Provisions: Key Changes Effective 1st August 2024

27 July 2024 at 09:07

Amendment of provisions related to Equalisation Levy

Posted in Union Budget | 1 comments | 2496 Views

Direct Tax Vivad se Vishwas Scheme 2024: Key Features

27 July 2024 at 09:07

It is proposed that this Scheme shall come into force from the date to be notified by the Central Government. The last date for the Scheme is also proposed to be notified.

Posted in Union Budget | 1 comments | 1419 Views

New TDS Rules for Floating Rate Savings Bonds w.e.f 1st October 2024

26 July 2024 at 14:53

Tax Deduction at source on Floating Rate Savings (Taxable) Bonds (FRSB) 2020

Posted in Union Budget | 537 Views

Amendment to Section 37: Disallowance of Settlement Amounts for Legal Contraventions from April 2025

26 July 2024 at 14:51

Disallowance of settlement amounts being paid to settle contraventions

Posted in Union Budget | 330 Views

Proposed Amendment to Section 55: Clarification on Cost of Acquisition for Equity Shares in OFS and IPOs

26 July 2024 at 14:51

Prior to Finance Act, 2018, section 10(38) of the Income Tax Act, 1961 (the Act) provided for exemption in respect of gains arising from the transfer

Posted in Union Budget | 450 Views

Budget 2024: Exclusion of Section 194J Payments from Section 194C w.e.f 1st Oct 2024

26 July 2024 at 14:49

Excluding sums paid under section 194J from section 194C (Payments to Contractors)

Posted in Union Budget | 1230 Views