Unveiling the Interim Budget Documents 2024-2025: A Comprehensive Insight
Finance Minister Nirmala Sitharaman recently unveiled the Interim Budget for the fiscal year 2024-2025 within the esteemed halls of Parliament.Read More
Payment to Micro and Small Enterprises Covered Under Section 43B – Big Benefit to MSMEs
MSMEs are the growth engines of our economy. To promote timely payments to Micro and Small Enterprises (MSEs), Finance Bill,Read More
Budget Documents 2023-24
The Finance Minister Nirmala Sitharaman presented her fifth Union Budget today. You can download the various Budget, 2023 related documentsRead More
Taxation of Cryptocurrency in India
After introducing Finance Bill, 2022 in Parliament by Finance Minister Mrs. Nirmala Sitharaman, taxation on Cryptocurrency becomes most debated topicRead More
CBDT Grants Relaxation in Electronic Filing of Income Tax Forms 15CA/15CB
As per the Income-tax Act, 1961, there is a requirement to furnish Form 15CA/15CB electronically. Presently, taxpayers upload the FormRead More
File Your Form 15CA/15CB Upto 31st May, 2021
Taxpayers would not be able to submit Form-15CA and 15CB during the intervening period of revamp of e-filing portal, i.e.Read More
Important Announcement: ICAI Announced CA Exams Date
Examination DepartmentThe Institute of Chartered Accountants of India26th May, 2021 IMPORTANT ANNOUNCEMENT In continuation to the Announcement dated 27th April,Read More
CBDT Clarify the Limitation Time For Filing of Appeals before CIT(Appeals)
Circular No. 10/2021 F .NO.225/49/2021/ITA-1IGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, Dated 25th May,Read More
CBDT Allows Cash Payment of Rs. 2 Lacs or More for Covid-19 Treatment at Hospitals
As per the existing provision of section 269ST of Income Tax Act, 1961, no person shall receive cash payment anRead More
CA/CS/CMA Qualification be Considered Equivalent to Post Graduates Degree
The University Grants Commission (UGC) has resolved that CA/CS/CMA Qualification will be treated equivalent to PG Degree.Read More
Happy New Year 2021☺️
Wish You and Your Family a Very Happy New Year 2021. May this New Year be a joyful ride forRead More
ICAI Issued Revised Guidance Note on Transfer Pricing
The Institute of Chartered Accountant of India (ICAI) has issued the revised Guidance Note on Report Under Section 92E ofRead More
What is Faceless Assessment and its Procedures ?
Faceless Assessment is nothing but a rename version of E-assessment scheme.Read More
Last Date For Filing of Income Tax Return For AY 2019-20 is Further Extended
Central Government has further extended the last date for filing of Income Tax Return for AY 2019-20 to 30th September,Read More
Amendment of Rule 31AA of Income-tax Rules, 1962 and Form 27EQ
In exercise of the powers conferred by section 197 and 206C read with section 295 of the Income-tax Act, 1961,Read More
CBDT STARTED E-CAMPAIGN ON VOLUNTARY COMPLIANCE OF INCOME TAX FOR FY 2018-19
Income Tax News: The Income Tax Department has started an e-campaign on voluntary compliance of Income Tax for FY 2018-19Read More
CBDT AND CBIC SIGNED AN MoU FOR DATA EXCHANGE
A Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Central Board ofRead More
CA EXAMS CANCELLED, MERGED WITH NOVEMBER 2020 EXAMINATIONS
CA Exams Cancelled: The Institute of Chartered Accountant of India (ICAI) has decided to cancel May 2020 examinations and mergeRead More
CA EXAMS NEWS: ICAI PROVIDED AN OPT-OUT OPTION TO STUDENTS FOR THEIR CA EXAMINATION SCHEDULED FROM JULY 29, 2020
CA Exam News: The Institute of Chartered Accountant of India (ICAI) on Monday, June 15, 2020, has decided to provideRead More
HEADS OF INCOME – SECTION 14 OF THE INCOME TAX ACT, 1961
Section 14 – Heads of Income: Save as otherwise provided in any other provision of Income Tax Act, all incomeRead More
FM LAUNCHES FACILITY OF INSTANT ALLOTMENT OF PAN THROUGH AADHAAR BASED E-KYC
Central Board of Direct Taxes (CBDT) issued press release regarding facility of Instant PAN through aadhaar based E-KYC formally launchedRead More
LIFE GIVES A CHANCE TO EVERYONE
Hello Angel, “Success is your Birthright!”. Can’t you believe it? Then this article is dedicated to you and others who have encountered so called failures at some turn of life.Read More