Category: <span>tax concept</span>

tax concept

Important Announcement regd Re-Opening of Online filling up of Examination Application Forms for ICAI Chartered Accountants Examinations December, 2021

taxconceptOctober 8, 2021

Important Announcement regd Re-Opening of Online filling up of Examination Application Forms for ICAI Chartered Accountants Examinations December, 2021 for Two Days from 11th October 2021 12.01 A.M. (Mid Night...

BUSINESS & ECONOMY tax concept

7 Years of MAKE IN INDIA

taxconceptSeptember 26, 2021September 26, 2021

make the country self-reliant in the sector, the Centre launched the Make in India initiative on 25th of September 2014 under the leadership of Prime Minister Narendra Modi. Make in...

tax concept

Important Announcement – Results of the Chartered Accountants Intermediate Examination (Old course & New Course) held in July 2021

taxconceptSeptember 17, 2021September 17, 2021

Important Announcement - Results of the Chartered Accountants Intermediate Examination (Old course & New Course) held in July 2021 are likely to be declared on Sunday, 19th September 2021(evening)/Monday, 20th...

tax concept

Tax Concept – Did you know basics of Advance Tax?

CA Jayprakash PandeySeptember 12, 2021September 12, 2021

Today we will discuss on basics of Advance tax concept under direct tax. Advance tax means income tax should be paid in advance instead of lump sum payment at year end....

tax concept

TC VIP Membership Benefits

taxconceptAugust 28, 2021August 28, 2021

Fully Ad-free WebsiteAccess the Exclusive Stories, Expert OpinionJudgmentDaily E-News Weekly Taxation News LetterMonthly Taxation News Letter Weekly Corporate Affairs News Letter Monthly Corporate Affairs News Letter Monthly Corporate Compliance Calendar Monthly RERA News Letter _Compliances...

tax concept

As GST Amnesty Scheme is Expiring Soon, Professionals are Requesting for Extension of Time Limit for Revocation of Cancelled GST Registrations

Dhanraj SharmaAugust 19, 2021August 19, 2021

We all know that GST Amnesty Scheme is expiring on 31st August 2021. But main problem is that taxpayers are not able to file revocation application on GST Portal due...

BUSINESS & ECONOMY tax concept

Salient features of The Taxation Laws (Amendment) Bill, 2021

TaxtimesAugust 10, 2021August 10, 2021

The Taxation Laws (Amendment) Bill, 2021 was passed by the Rajya Sabha today. It had been passed by the Lok Sabha on 6th August, 2021. Salient features of the Bill:...

MCA/ROC tax concept

IEC DUE DATE IS EXTENDED UPTO 31.08.2021

CS LALIT RAJPUTAugust 9, 2021August 9, 2021

Ministry of Commerce and Industry, Department of Commerce, Directorate General of Foreign Trade (DGFT) vide Notification no. 16/2015-2020 dated 09th August 2021 w.r.t. Extension in period of modification of IEC till...

tax concept

UPI has recorded 3.24 Billion transactions worth rupees 6.06 Lakh Crore

TaxtimesAugust 3, 2021August 3, 2021

UPI has gained wide momentum across India and is widely been accepted by the citizens. This platform has revolutionized the digital ecosystem in the country. In the month of July...

MCA/ROC tax concept

Cabinet approves amendments to LLP Act for decriminalizing offences, know New Concept of Small Company

CS LALIT RAJPUTJuly 30, 2021July 30, 2021

Cabinet approves amendments to LLP Act Limited Liability Partnership Amendment Bill, 2021 The Cabinet on 28th day of July, 2021, Wednesday, approved amendments to the Limited Liability Partnership (LLP) Act...

BUSINESS & ECONOMY tax concept

IBC- Hefty Monetary Penalties to be imposed by an IP Agency

CS LALIT RAJPUTJuly 30, 2021July 30, 2021

The Insolvency and Bankruptcy Board of India (IBBI) vide circular no. No. IBBI/IPA/43/2021 dated 28th day of July 2021, has issued circular on the topic “Monetary Penalties to be imposed...

tax concept

REFUND UNDER GST LAWS

CA Jayprakash PandeyJuly 27, 2021

REFUND UNDER GST LAWS Following are the common situations where refund can be claimed under GST laws: Refund of accumulated Input Tax Credit on account of inverted duty structure Export...

tax concept

Module wise new functionalities deployed on the GST Portal for taxpayers

taxconceptJuly 9, 2021July 9, 2021

Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund...

tax concept

CBDT issues Guidelines under section 194Q of Income-tax Act,1961

CA Jayprakash PandeyJune 30, 2021June 30, 2021

CBDT issues Circular No.13 of 2021 dated 30th June, 2021 detailing guidelines under section 194Q of Income-tax Act,1961(TDS on purchase of goods), effective from 01.07.2021. Key points of CBDT...

ICAI tax concept

CSR Committee of ICAI is organizing Webinars on the occasion of International Yoga Day

taxconceptJune 20, 2021June 20, 2021

CSR Committee of ICAI is organizing Webinars on the occasion of International Yoga Day – Monday, 21st June 2021.Webinar 1: 7:00 A.M. to 8:00 A.M. https://t.co/syDnkxWHKHWebinar 2: 4:00 P.M. to...

tax concept

GST Portal- Upcoming functionalities to be deployed on GST Portal for the Taxpayers

taxconceptJune 12, 2021June 12, 2021

As part of our constant endeavour to provide a smooth and hassle free experience to the taxpayers and simplify the process for them, to comply with their GST compliances, following...

GST tax concept

Extended ad hoc exemption from IGST

taxconceptJune 2, 2021June 2, 2021

The CBIC vide ad hoc exemption Order No. 04/2021 dated 03May, 2021 to extend the exemption from IGST on imports of specified COVID-19 relief material. [embeddoc url="https://taxconcept.net/wp-content/uploads/2021/06/IGST-Notification-052021-Customs-dated-May.pdf" download="all"]

tax concept

CBIC Guidebook for Faceless Assessment

gmMay 6, 2021May 6, 2021

cbic_india’s guidebook aims to facilitate the successful implementation of the Faceless Assessment initiative! Guidebook for Faceless Assessment Aids customs officers & other stakeholders in the implementation of Faceless Assessment across...

tax concept

Cabinet approves strategic disinvestment in IDBI Bank

CS SURBHI SAXENAMay 6, 2021May 6, 2021

The Cabinet Committee on Economic Affairs gave in - principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd. As per official statement, the extent...

tax concept

ICSI postpones all June 2021 CS Exams

CS LALIT RAJPUTMay 4, 2021May 4, 2021

ICSI announced postponement of June 2021 examinations

tax concept

WHO is Live – Media Briefing on COVID-19

taxconceptMay 3, 2021May 3, 2021

https://fb.watch/5fNwGpxXko/

GST tax concept

In & Outs of Input Service Distributor Protecting the Recipient

CA NIKITA AGARWALApril 26, 2021April 26, 2021

To ease the doing of business in various locations in India with modest tax compliances, the concept of centralized registration and input service distributor has been taken from the previous...

GST tax concept

Reversal of ITC on Creditors Written off

CA Anil Kumar TennetiApril 17, 2021October 14, 2021

Section 16 of the CGST Act deals with the provisions related to availing of Input tax credit under GST. As per second proviso to Sec 16(2) read with rule 37-...

tax concept

Gratitude is the key to happiness

Khushboo Mahesh LaljiApril 7, 2021April 8, 2021

Happiness is not about getting what you like. Happiness has a lot to do with liking what you get. We are so busy trying to get what we...

tax concept

E.S.I.C. latest update: ESIC contribution rates are reduced W.E.F. 1st July 2019

Akshit GadhiaApril 7, 2021

ESI stands for Employee State Insurance managed by the Employee State Insurance Corporation which is an autonomous body created by the law under the Ministry of Labour and Employment, Government...

tax concept

Scheme of Classification of Services ( 6 digit codes)

gmApril 1, 2021

Attention GST Taxpayers! Link to 6 digit service classification codes 👉 https://t.co/O9cQJ7zpCa

tax concept

Extension by CBDT 31st March 2021

CS LALIT RAJPUTMarch 31, 2021March 31, 2021

1. Date for issue of notice under section 148 of Income-tax Act,1961, passing of consequential order for direction issued by the Dispute Resolution Panel (DRP) & processing of equalization levy...

tax concept

Last date to link PAN card with Aadhar. If your PAN is not linked to your Aadhaar, then from 1 April you will not be able to do any financial transaction for which PAN is mandatory

gmMarch 31, 2021

Today is the last date for linking PAN card to Aadhaar card, if both are not linked then no major transaction can be done. It can also be linked by...

tax concept

[BIG BREAKING] Supreme Court orders that there will be complete exemption on interest in loan moratorium case [READ JUDGMENT]

CS SURBHI SAXENAMarch 23, 2021March 23, 2021

Supreme Court orders that there will be complete exemption on interest in loan moratorium case The Supreme Court ruled on Tuesday that the interest exemption on interest (compound interest) in...

tax concept

Press Note issued by CBIC regarding payment of GST dues during March 2021

taxconceptMarch 20, 2021March 20, 2021

Press Note issued by CBIC regarding payment of GST dues during March 2021. https://twitter.com/cbic_india/status/1373262081361809409

Category: tax concept

Important Announcement regd Re-Opening of Online filling up of Examination Application Forms for ICAI Chartered Accountants Examinations December, 2021

7 Years of MAKE IN INDIA

Important Announcement – Results of the Chartered Accountants Intermediate Examination (Old course & New Course) held in July 2021

Tax Concept – Did you know basics of Advance Tax?

TC VIP Membership Benefits

As GST Amnesty Scheme is Expiring Soon, Professionals are Requesting for Extension of Time Limit for Revocation of Cancelled GST Registrations

Salient features of The Taxation Laws (Amendment) Bill, 2021

IEC DUE DATE IS EXTENDED UPTO 31.08.2021

UPI has recorded 3.24 Billion transactions worth rupees 6.06 Lakh Crore

Cabinet approves amendments to LLP Act for decriminalizing offences, know New Concept of Small Company

IBC- Hefty Monetary Penalties to be imposed by an IP Agency

REFUND UNDER GST LAWS

Module wise new functionalities deployed on the GST Portal for taxpayers

CBDT issues Guidelines under section 194Q of Income-tax Act,1961

CSR Committee of ICAI is organizing Webinars on the occasion of International Yoga Day

GST Portal- Upcoming functionalities to be deployed on GST Portal for the Taxpayers

Extended ad hoc exemption from IGST

CBIC Guidebook for Faceless Assessment

Cabinet approves strategic disinvestment in IDBI Bank

ICSI postpones all June 2021 CS Exams

WHO is Live – Media Briefing on COVID-19

In & Outs of Input Service Distributor Protecting the Recipient

Reversal of ITC on Creditors Written off

Gratitude is the key to happiness

E.S.I.C. latest update: ESIC contribution rates are reduced W.E.F. 1st July 2019

Scheme of Classification of Services ( 6 digit codes)

Extension by CBDT 31st March 2021

Last date to link PAN card with Aadhar. If your PAN is not linked to your Aadhaar, then from 1 April you will not be able to do any financial transaction for which PAN is mandatory

[BIG BREAKING] Supreme Court orders that there will be complete exemption on interest in loan moratorium case [READ JUDGMENT]

Press Note issued by CBIC regarding payment of GST dues during March 2021

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CBDT Insert New Form-15E under Rule 29BA

Income Tax Department's Search & Survey Operations on Real Estate Developers and Traders of Mobile Accessories Reveals 13 Secret Godowns and Many More