CBDT Notification No. 30/2023: Exemption for Consideration Received on Issuance of Shares
The Central Board of Direct Taxes (CBDT) recently issued Notification No. 30/2023-Income Tax under the Income Tax Act. The notificationRead More
CBDT Notification No. 35/2023: Amendments to Income-tax Rules for Movable Property
The Central Board of Direct Taxes (CBDT) recently issued Notification No. 35/2023-Income Tax, introducing amendments to the Income-tax Rules, 1962.Read More
GST Advisory on Mandatory Reporting of HSN Codes
The implementation of the Goods and Services Tax (GST) in India brought about significant changes in the taxation system, includingRead More
The AIS for Taxpayer Mobile App: A Valuable Tool for Staying on Top of Your Tax Obligations
AIS for Taxpayer is a mobile app developed by the Income Tax Department of India. It is a free appRead More
ITR-1: Your Guide to Filing Income Tax Returns Simplified
Filing income tax returns is an essential obligation for every taxpayer in India. The Income Tax Act provides various formsRead More
Compliance Calendar For The Month Of June-2023
Compliance Calander for the month of June contains the compliance requirements under Income Tax Act, 1961, Goods & Service TaxRead More
Foreign Liabilities & Asset Annual Return
Foreign Liabilities and Assets (FLA) is an annual return that shall be filed by every company that has either receivedRead More
Gift to Employees: An Allowable Business Expenditure with Benefits
In the corporate world, recognizing and appreciating the efforts of employees is crucial for fostering a positive work environment andRead More
Secure Your Identity: Exploring the Potential of Reverse Unique Name Service (RUNS)
The Reverse Unique Name (RUN) service is a web-based service that allows users to check the availability of a proposedRead More
Maximizing Tax Savings: Unleashing the Benefits of Section 80C for Smart Tax Planning
Section 80C of the Income Tax Act, 1961 is one of the most popular sections for tax planning in India.Read More