The Finance Bill, 2020 proposed to remove Dividend Distribution Tax (DDT) at the level of Company/ Mutual Fund and proposed to tax the same in the hands of share/unit holder. It was also proposed to levy TDS at the rate of 10% on the dividend/ income paid by the Company/Mutual Fund to its share/unit holder […]
TDS U/S 194K ON DIVIDEND- CLARIFICATION OF DOUBT Read More »
THIS ARTICLE IS RELATED TO COMPLIANCE IN THE MONTH OF OCTOBER 2019 RELATED TO GST, INCOME TAX, COMPANIES, PF, ESI ETC. OCTOBER 2019 IS MOST IMPORTANT DUE TO FESTIVAL SEASON IN BETWEEN. SO YOU HAVE TO SCHEDULE YOUR DATES ACCORDINGLY. BELOW ARE DATE WISE COMPLIANCE LIST: 07 October 2019: Due date for deposit of Tax
Due Date Compliance Calendar October 2019 Read More »
DATE OF PAN AADHAR LINK IS EXTENDED – NOTIFICATION NO.75/2019 DATED 28.09.2019. CLICK BELOW TO DOWNLOAD THE NOTIFICATION. Click here to download
DATE OF PAN AADHAR LINK IS EXTENDED – NOTIFICATION NO.75/2019 DATED 28.09.2019 Read More »
Click here to download Click here to Download Order of Date Extension
Circular No. 26 of 2019 F. No. 370142jl/2019-TPL (Pt.-I) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) ************************ Dated: 26th September, 2019 Clarifications in respect of filling-up of return forms for the Assessment Year 2019-20 The Income-tax Return (ITR) forms for the Assessment Year (A.Y.) 2019-20
MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 20th September, 2019(INCOME-TAX) S.O.3427(E).—In exercise of the powers conferred by clause(v) of the proviso to section 194N of the Income-tax Act, 1961 (43 of 1961), the Central Government after consultation with the Reserve Bank of India, hereby specifies the commission agent or trader, operating under Agriculture Produce Market Committee (APMC), and registered
Taxation Laws (Amendment) Ordinance 2019 ( Amendment in Section 92BA, 115BA, 115JB, 115QA, Act No. 23 of 2019, Amendment of Part II of First Schedule) (Insertion of New Section 115BAA, 115BAB ) Click here to download Notification
The CBDT has notified new depreciation rate of: 30% on motor cars (Other than those used in a business of running or hire) & 45% on motor buses, motor lorries and motor taxis used in a business of running them on hire. such vehicles should have been acquired on or after 23.08.2019 but before 01.04.2020.
Change in Depreciation rate of Motor Vehicles purchased between 23.08.2019 to 31.03.2020 Read More »