Summary of revised/ extended due dates for filing of return in Form GSTR-6 by the Input Service Distributors (ISD) during the period July, 2017 to August, 2018 as notified …
The ICAI issued an advisory on certain points to be considered by Practicing/Director Members when certifying/submitting details and information in e-form DIR-3 (KYC of Directors) and to comply with …
The MCA has notified the format of e-form DIR-3 KYC under new Rule 12A (Directors KYC) vide the ‘Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2018’, along with …
The MCA has notified the “Companies (Registration Offices and Fees) Third Amendment Rules, 2018″, whereby Delay Fee/ Penalty of Rs. 5,000 for Filing e-Form DIR-3 KYC of Directors has been …
Form 26AS is an annual statement generated from database maintained by the Income-tax Deptt. under Rule 31AB and made available to taxpayer latest by 31 July following the relevant …
Section 192(2) of Income Tax provides for cases where an individual is simultaneously working with multiple employers or has just changed employment during the financial year. In the case …
Section 16(ii) of Income Tax Act, 1961 provides for deduction of ‘Entertainment Allowance’, from salary income, to the extent of lower of 20% of salary or Rs. 5,000, in …
Section 16(iii) of Income Tax Act, 1961 provides for deduction of any sum paid by the assessee on account of Employment Tax/ Profession Tax, levied within the meaning of …
Any gift or vouchers or token in lieu of which such gift may be received, given by the employer to the employee or member of his household, is taxable as …
Medical Reimbursements made by the employer to employee exceeding Rs. 15,000 p.a. are considered as perquisite and taxable u/s 17(2). Provisions relating to determination of value of perquisites have …