Complete salary break-up asked in new ITR-2 return form

The Income Tax Department (ITD) has recently released ITR 2 excel utility…

Companies encounter questions regarding input tax credit claims

The tax authorities have started dispatching notices to businesses to seek details…

New GST form to reduce Compliance burden of Traders

The new GST form, approved by the GST Council last July, is…

CBDT amends audit reports for Charitable Trusts to increase scrutiny

The Central Board of Direct Taxes (CBDT) has drafted a notice to…
GSTR-9

Skill-based gaming companies under regulatory scrutiny

Skill-Based gaming companies face regulatory challenges every now and then. There are…

Taxman may prosecute for delayed payment of TDS

Tax deductors are obliged to deduct tax at source on a variety…

AMCs to handle offshore funds as fund managers, CBDT clarifies

The Central Board of Direct Taxes (CBDT) allowed asset management companies (AMCs)…

Surjit Bhalla says the upcoming government must abolish MSP

Surjit Bhalla on Monday said that the upcoming government must slash the…

IRDAI and SEBI roll out Sandboxes to encourage startups

Following the footsteps of RBI, the insurance regulator IRDAI and stock regulator…

Orissa HC allows Input Tax Credit under GST for shopping mall realtors

The Orissa High Court allows input tax credit under the GST regime…

IT Department requires details on foreign donations received by trusts

The Income Tax Department on Tuesday proposed amendments to seek additional details…