Income tax department cautions TDS deductors against quarterly filing default The Income Tax Department (ITD) today cautioned TDS deductors to adhere to the stipulated deadline of May 31 for filing their statements failing which they would invite a penalty of Rs 200 for each day of default.
Which ITR form applies to you for the financial year 2017-18? The income tax authorities notified the new ITR form applicable for the financial year 2017-18 in April (online utility tools for a couple of forms have been published). An individual who is required to file a return of income for the financial year 2017-18 […]
Don’t be in a hurry to dump your midcap and smallcap schemes Investors in midcap and smallcap schemes are watching the carnage in mid- and smallcap stocks with a bit of concern. The S&P BSE mid- and small-cap indices have been in the negative territory since January. The S&P BSE SmallCap Index is down to […]
Still confused about your GST Jurisdiction Goods & Service Tax, India’s biggest tax reform is going to complete its first anniversary in next 45 days but still many of us are confused in respect to our jurisdictional offices of GST .
Top 10 investment options Most investors want to make investments in such a way that they get sky-high returns as fast as possible without the risk of losing the principal amount. And this is the reason why many investors are always on the lookout for top investment plans where they can double their money in […]
12 ways to avoid paying more for bank services The country’s top banks could end up paying thousands of crores in tax for the free bank services provided to customers over the past five years. If the tax department’s demand is upheld, customers may be charged for many services in future.
Replacement of Resolution Professional in Liquidation case Section 33 of the IBC sets out the various circumstances in which the adjudicating authority must pass an order directing Liquidation case of the corporate debtor: