CAclubindia News


Budget 2024-25: One-Month Grace Period for TDS/TCS Penalties from 1st April 2025

   24 July 2024 at 10:08

Proposed amendment to Section 271H of the Budget 2024-25 offers a one-month grace period for TDS/TCS filings to avoid penalties, starting April 2025

Posted in Union Budget |   3822 Views


Budget 2024 Proposes Six-Year Limit on TDS/TCS Correction Statements

   24 July 2024 at 10:06

Time limit to file correction statement in respect of TDS / TCS Statements

Posted in Union Budget |   3105 Views


Budget 2024-25: Exemption from TCS for Certain Entities Starting 1st October 2024

   24 July 2024 at 10:05

Notification of certain persons or class of persons as exempt from TCS 

Posted in Union Budget |   2451 Views


Budget 2024-25: Black Money Act Liabilities to be Settled Against Seized Assets from October 2024

   24 July 2024 at 09:09

Adjusting liability under Black Money Act, 2015 against seized assets

Posted in Union Budget |   1989 Views


Section 80G Amendment: Tax Deduction for Donations to National Sports Development Fund w.e.f 1st April 2025

   24 July 2024 at 09:08

The Government had set up the aforesaid fund by the name National Sports Development Fund w.e.f 12.11.1998.

Posted in Union Budget |   351 Views


Budget 2024-25: Enhanced Powers of Commissioner (Appeals) to Address Pendency from October 2024

   24 July 2024 at 09:07

Considering the huge pendency of appeals and disputed tax demands at the  Commissioner (Appeals) stage, it is proposed that the cases where assessment order was passed as best judgement case under section 144 of the Act, Commissioner (Appeals)

Posted in Union Budget |   210 Views


Budget 2024-25: Amendments in Sections 245Q and 245R related to Advance Rulings

   24 July 2024 at 09:05

Amendments in Sections 245Q and 245R related to Advance Rulings

Posted in Union Budget |   294 Views


Budget 2024-25: FM proposes to discontinue quoting of Aadhaar enrolment ID in place of Aadhaar number

   24 July 2024 at 09:04

Discover the latest proposal from the Budget 2024-25 as Finance Minister suggests discontinuing the use of Aadhaar enrolment ID in favor of the Aadhaar number. ..

Posted in Union Budget |   2019 Views


Budget 2024-25: Amendments to the Prohibition of Benami Property Transactions Act, 1988

   24 July 2024 at 09:03

Amendments to the Prohibition of Benami Property Transactions Act, 1988

Posted in Union Budget |   459 Views


Union Budget 2024-25: Advancing Economic Growth through Infrastructure Initiatives

   24 July 2024 at 09:02

This budget envisions sustained efforts across nine key priorities to generate ample opportunities for all, in pursuit of Viksit Bharat.

Posted in Union Budget |   198 Views