TC VIP

NEW INCOME TAX E-FILING PORTAL

15 Point Summary of New Income Tax E-filing Portal

(1.) The new IT Portal gets information/ data/ linkages from various other authorities such as BANKS, CIBIL, CAMS, TRACES, CDSL, IRDA, GSTN, STOCK EXCHANGES. It is possible that the data obtained from above will be soon appearing in Form 26AS. (2.) It is likely that for faster refunds, there would be automatic 18-20 validation stages/ …

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MCA

Rule 4 of The Companies (Meeting of Board and its Powers) Rules, 2014

Deals with Matters Not to be Dealt With in a Meeting Through Video Conferencing or Other Audio Visual MeansOmitted via this amendment With the said amendment, restriction on agenda items to be transacted only at physical meeting of Board of Directors are done away with. With MCA Amendment 15th June, 2021. Now following resolution can …

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TAX

Karnataka Taxpayers Association Represents Ministry of Finance for a Sensitive Issue of Taxation Sector

As we all know that CBDT had launched new Income Tax E-filing Portal incometax.gov.in which was crashed in an hour of launching and till date, the same has not been repaired. Ministry of Finance spends Rs. 4242 crore for this new e-filing portal So in this complicate situation, Karnataka Taxpayers Association represents the Ministry of …

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Amnesty Scheme to provide relief to taxpayers
regarding late fee for pending returns ; Late fee also
rationalised for future tax periods

The 43 GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman through video conferencing. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance & …

Amnesty Scheme to provide relief to taxpayers
regarding late fee for pending returns ; Late fee also
rationalised for future tax periods
Read More »

E-NEWSLETTER

Daily E-newsletter 16th May, 2021 – TC VIP PLAN

CLICK HERE TO READ A Very Small Plan for Every Professional to Receive Daily Knowledge via Digital Media (Only 199 Per Year) Q: What We are Providing in TC VIP Plan: Ans: (1.) Daily Taxation Newsletter, (2.) Weekly Taxation Newsletter, (3.) Weekly Food Laws Newsletter, (4.) Business Concept Monthly Magazine (covering insightful articles on taxation …

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