Blog

July 4, 2020

No Late Fees on GSTR 3B for Assessees with NIL Liabilities

The Central Board of Indirect Taxes (CBIC), which controls Goods and Services Tax (GST), has announced that the department will not charge any late fees for […]
July 12, 2020

Section 194N TDS on cash withdrawal

Keeping in mind the blueprint of the cashless economy, the BJP-led government is frequently introducing reforms in the laws to achieve the goal. Starting with demonetization, […]
July 17, 2020

CBDT allows one-time verification of ITRs of the past 5 years

The Central Board of Direct Taxes (CBDT) has provided for a one-time verification of income tax returns (ITR) pertaining to assessment years from 2015-16 to 2019-20, […]
July 19, 2020

How to send a legal notice for non-payment of salary

Employees in India do lack knowledge of rights available to them through the constitution and various statutory laws. Non-payment or delayed payment of salary by the […]
July 19, 2020

What is provisions, applicability and computation of advance tax? – CN 280 for payment of advance tax

It is easier on the part of the Income Tax Department to collect taxes at regular intervals and proceed for processing of refunds only when Income […]
July 19, 2020

Income tax return file for minors

The income tax slabs have been provided by the income tax department for individuals on the basis of different age criteria or entities. Underage children, toddlers […]