Category: Income Tax

RBI announces early redemption for SGB: Tax implications explained

CA Dungar Chand U Jain | August 30, 2024

The Reserve Bank of India (RBI) has announced an early redemption for Sovereign Gold Bonds (SGBs) issued between May 2017 and March 2020. The redemption process will take

Income Tax

44AD Applicability

CA Dungar Chand U Jain | March 18, 2024

Income Tax

Income Tax Filing Notice: 1 Lakh Notices Sent In Cases Of Misrepresentation Of Income, Says Finance Minister Nirmala Sitharaman

CA Dungar Chand U Jain | July 25, 2023

In her address at the 164th Income Tax Day event, the Finance Minister said that tax rates have not gone up over the years, yet revenue has been

Income Tax

44AD APPLICABLE OR NOT? (BASED ON DIFFERENT DIFFERENT TURNOVER)

CA Dungar Chand U Jain | July 4, 2023

Income Tax

Residential Status of an Individual

CA Dungar Chand U Jain | June 30, 2023

Income Tax

TCS on LRS on purchase of overseas tour programme package – Deferred to 1-Oct-23 (from 1-Jul-23)

CA Dungar Chand U Jain | June 30, 2023

Income Tax

I-T dept launches tax-evasion probe against social media influencers

CA Dungar Chand U Jain | June 30, 2023

NEW DELHI: The income-tax department has launched a probe against certain social media influencers and content creators on platforms like YouTube and Instagram for allegedly not showing their

General

LAST DATE FOR LINKING OF PAN-AADHAAR EXTENDED

CA Dungar Chand U Jain | March 29, 2023

In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their

GST

AS TAX ARREARS SURGE, BUDGET MAY COME UP WITH ANOTHER DISPUTE RESOLUTION PLAN

CA Dungar Chand U Jain | January 13, 2023

Income Tax

BANKS – TAX PAYMENTS

CA Dungar Chand U Jain | January 10, 2023