THE CHARTERED ACCOUNTANTS, THE COST AND WORKS ACCOUNTANTS AND THE COMPANY SECRETARIES (AMENDMENT) ACT, 2022
[embeddoc url=”https://taxconcept.net/wp-content/uploads/2022/04/CA-CWA-CS-Amendment-Act-2022-1.pdf”%5D- CA. Mangesh Kinare, Vice President, ICAI, met Shri Devendra FadnavisCA. Mangesh Kinare, Vice President, ICAI, met Shri Devendra Fadnavis, Hon’ble Chief Minister of Maharashtra, to discuss matters concerning ICAI’s activities, especially in Maharashtra and ICAI’s contribution to Maharashtra’s overall progress.
- FAST-DS Deadline Nears as Taxpayers Seek Clarity on Foreign Asset DisclosuresMany are knocking on the doors of tax authorities to cut through the confusion over a list of ambiguities in the mini-amnesty scheme for undisclosed foreign assets and income. Will a taxpayer who is merely a signing authority for a foreign bank account but doesn’t own the funds get caught in the tax net after… Read more: FAST-DS Deadline Nears as Taxpayers Seek Clarity on Foreign Asset Disclosures
- Tax on Selling Gold in India (2026)Selling gold in 2026? Here’s how much tax you may have to pay on your profits! Tax on Selling Gold in India (2026) Instrument / Situation Holding Period Tax Treatment Tax Rate Physical Gold Physical Gold Sold within 24 months STCG As per your Income Tax Slab Sold after 24 months LTCG 12.5% without indexation… Read more: Tax on Selling Gold in India (2026)
- Son gets income tax notice for Rs 33.23 lakh in property investment and cash: gets relief in ITATMr. Ram faced tax evasion allegations after failing to report a property purchase and cash deposits. However, he successfully appealed, providing a notarized gift deed showing his mother gifted him Rs 16 lakh from jewelry sales. The ITAT Jaipur confirmed the legitimacy of the gift, leading to cancellation of the tax notices against him.
- Changes to GST Registration Amendments: Key Updates and RequirementsThe recent amendment to Rule 19 of the Central Goods and Services Tax Rules allows changes to the Principal Place of Business to be examined by the Proper Officer. Other registration changes will be processed online, requiring OTP verification of key personnel. Successful validations will generate the amended Registration Certificate through the GST portal.