Income Tax Return filing is mandatory
W.e.f 01.04.22 it is mandatory to file ITR under following senarios :- -Turnover from business exceeds ₹60 Lacs -Gross receipts...
Senior citizens can withdraw money from SCSS, PPF etc. via authorized person.
http://utilities.cept.gov.in/dop/pdfbind.ashx?id=5764
Notification no.31/2021
CBIC exempts an registered person whose aggregate turnover in F/Y 2020-21 is upto two crores, from filling annual GST return...
Form 10-IE
Assessee who wish to opt taxation U/s 115BAC i.e New Tax regime. download form 10-IE from link below to intimate...
Addition of Retail & Wholesale trading under MSME
Under the revised guidelines, MSME has issued order to include retail and wholesale trade as MSME and extending to them...
Mandatory use of Accounting Software having Audit Trail
w.e.f FY commencing on 01.04.21 every company shall use accounting software having feature to record audit trail of each transaction,...
HSN code on GST portal
GSTN has enabled new functionality to search by Name or code on GST portal.
Effects of New Income tax Regime
Tax payers having business income are not eligible to choose between existing tax & new tax regime every year.