The CBIC vide Notification No. 17/2022-Central Tax dated 01/08/2022 has notified the reduction in the applicability of e-invoicing threshold limit from Rs.20 Crores to Rs.10 Crores with effect from 1st October, 2022...
Central Board of Direct Taxes (CBDT) has notified the reduction of the time-limit for everification or submission of ITR to 30 days (from 120 days) with effect from 01/08/2022 vide Notification No. 05 of 2022 (DGIT)...
The due-date to file income tax return (ITR) for the Assessment Year 2022-23 (FY 2021-22) got over on 31st July, 2022. Now, if for some reason you were not able to file your ITR before the due-date, here are answers t...
Inflation is what leads to decline of purchasing power of a currency (INR) over a period of time, which leads to rise in prices of goods and services. For example, if you are able to buy 10 chocolates for a certain am...
CBDT notifies Income Tax Cost Inflation Index for Financial Year 2022-23 (Assessment Year 2023-24) vide Notification No. 62/2022 dated 14th June 2022 at 331. Cost Inflation Index is util...
The CBIC vide Notification No. 01/2022-Central Tax dated 24/02/2022 has notified the reduction in the applicability of e-invoicing threshold limit from Rs.50 Crores to Rs.20 Crores with effect from 1st April, 2022. ...
The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament on 1st February, 2022 The highlights of the GST Proposals made under the Finance Bill, ...
The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament yesterday. This blog is in continuation to Decoding Direct Tax proposals in the ...
The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament yesterday. The highlights of the Direct Tax Proposals made under the Finance Bill, 2022...
Income-tax Department has issued guidance on uploading of Manually submitted Form 15CA and Form 15CB with Authorised Dealers between 7th June to 15th August 2021 in accordance with Press Release dt. 20th July 2021. Fu...
