New GST NOTICES issued 2024-25 I Accountants हो जाए सावधान !! GST Notice Reply online
New GST NOTICES issued 2024-25 I Accountants हो जाए सावधान !! GST Notice Reply online
Information from manufacturers of Pan Masal and Tobacco taxpayers May 16th, 2024 Government had issued a notification to seek information from taxpayers dealing in the goods mentioned therein vide Notification No. 04/2024 – Central Tax dated 05-01-2024. Two forms have been notified vide this notification namely GST SRM-I and GST SRM-II. The former pertains to… Read More »
DONATION देने-लेने वाले हो जाए सावधान !! INCOME TAX RETURN FILING I ITR filing AY 2024-25
ITR FILER हो जाए सावधान I 2024-25 में आयकर विभाग रखेगा 57 प्रकार के लेन-देन पर नजर AIS INCOME TAX
What is Off-market Credit Transactions in AIS on Income Tax Portal In the context of the Annual Information Statement (AIS) and income tax in India, off-market credit transactions refer to the movement of shares into your demat account through transactions that don’t involve a stock exchange. Here’s a breakdown: Off-Market Transactions: These transactions occur directly… Read More »
What is Off-market debit transactions in AIS on Income Tax Portal Off-market debit transactions are one of the 57 types of financial transactions reported in the Annual Information Statement (AIS) by the Income Tax Department in India. Here’s a breakdown of what it means: Off-Market Transactions: These are transactions that occur directly between two parties,… Read More »
BREAKING NEWS I INCOME TAX NOTICES NEW FEATURE ON INCOME TAX PORTAL I INCOME TAX RETURN FILER
Reverse Charge Mechanism under GST 3rd edition Book by CA Satbir Singh Buy online on Amazon RCM under GST by CA Satbir Singh click here to get on discounts email us on Taxheal@gmail.com Struggling with the complexities of GST Reverse Charge Mechanism (RCM)? This video is your one-stop guide! We’ll introduce you to Satbir Singh’s… Read More »
The Income Tax Department in India uses a system called Computer-Assisted Scrutiny Selection (CASS) to identify tax returns for potential scrutiny. Here’s a breakdown of the CASS cycle: Purpose: CASS is a mechanism to automate the selection of high-risk ITRs for further scrutiny. It helps the department efficiently identify potential tax evasion cases and optimize… Read More »
Relief to TDS deductors in respect of inoperative PAN CBDT Circular 6/2024 Dated 23rd April 2024 Sub: Partial modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per rule 114AAA of the Income- tax Rules, 1962- reg. Circular No. 3 of 2023 dated 28.03.2023 issued by the Board… Read More »