Title to lands & buildings could not pass till conveyance deed was executed
The entries in the account books of the vendor and the vendee are not relevant for the purpose of determining...
GSTN enables Functionality to Register Complaint on Misuse of PAN in GST Registration: Know the Steps
FUNCTIONALITY TO CHECK MISUSE OF PAN To address the complaint related to misuse of PAN for obtaining GST registration, a...
Section 194Q & Section 206C(1H) of Income Tax Act
Finance Act, 2020 had introduced Section 206C (1H) for levy of Tax collected at source (TCS) on sale of goods...
Income Tax Provisions on ESOP Expenditure
Employee Stock Option Plan (ESOP) is a scheme where a company issues its share to its employees at price lower...
Section 206AB and 206CCA of Income Tax Act, 1961
Section 206AB and 206CCA are inserted by Finance Act, 2021. These sections are special provision for deduction/collection of tax at source at...
Internal Audit
Internal Audit Internal Audit is performed to assess and improve the effectiveness of governance, risk management, and control over critical...
TDS on Cash Withdrawal: Section 194N
As per section 194N, all the Banks to which Banking Regulation Act applies including a Co-operative Society and a post...
GST Applicability on Foreign Diplomatic Mission (FDM)
FDM (Foreign Diplomatic Mission) FDM (Foreign Diplomatic Mission) is a group of people from an organisation of a country located...
TDS due date extend till 15-07-2021, Form No. 10A/ Form No.10AB till 31-08-2021: Press Release
Government grants further extension in timelines of compliances Also announces tax exemption for expenditure on COVID-19 treatment and ex-gratia received...
Further extension of timelines of compliances under Income Tax Act (25-06-2021)
Government grants further extension in timelines of compliances Also announces tax exemption for expenditure on COVID-19 treatment and ex-gratia received...