Are you expecting smart tax breaks in Budget 2017? re-examine Having well-versed the demonetization experience with a smiling face, one of the expectations that has designed up within the mind of the individual is that the expectation of excellent tax breaks within the coming back Budget 2017.
For Cashfree India! six BPOs, two telcos and a consultancy running helpline for free of charge Six bigname business process outsourcing (BPO) firms, 2 telecommunication majors and one massive practice are running a GoI helpline known as CashMukt India Abhiyan (CMBA) — and that they don’t seem to be charging a fractional monetary unit for […]
How to Prepare Statement of Financial Transactions Section 285BA of the IT Act 1961 requires specific reporting persons to furnish statement of financial transaction. Rule 114E of the Income Tax Rules, 1962 specifies that the statement of financial transaction required to be furnished under sub-section (1) of section 285BA of the Act shall be furnished […]
Appeal before High Court Under Income Tax Provisions Part CC of Chapter XX of the Income Tax Act, 1961 (‘Act’ for short) provides the procedure for filing appeal before the High Court. Who can file appeal? Section 260A(1) of the Act provides that an appeal shall lie to the High Court from every order passed […]
Aggregate turnover under revised GST law GST Model is required only if the turnover of the assessee crosses the threshold limit of Rs twenty lacs. Today in this update we shall analyse the definition of “aggregate turnover” and changes brought in by Revised GST Draft Law.