Tax Query: Do I need to amend my GST registration if I have now begun to sell goods on an e-commerce portal?

1. If I have voluntarily registered under GST previously, do I need…

CBIC Clarifies on Refund of Excess Balance in Electronic Cash Ledger

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that…

TDS particulars not reflected in your Form 26AS? Know what to do

Form 26AS is the tax credit statement showing all the details of…

New Form 26AS will have foreign remittance information of taxpayers

The income tax department has expanded the scope of information to be…

Income tax return filing: Useful tips for first-time return filers

An income tax return is a yearly statement that declares your income…

How to rectify mismatch in details of Form 26AS and Form 16

The last date of ITR filing for FY 2020-21 is nearing, and…
Tax Exemption

New TDS provisions will reinforce the reconciliation of data

Tax deducted at source (TDS) and tax collected at source (TCS) play…
Tax Exemption

CBDT issues guidelines under section 194Q

The income tax department issued a circular dated 30th June 2021 laying…
Tax Exemption

Section 206AB and Section 206CCA: Compliance Check Functionality Introduced

To help the tax deductor or the collector comply with two new…
Tax Exemption

How the Income Tax Department Traces Your Transactions

The income tax department receives information about specific transactions through their sources.…