admin Goods and Services Tax, GST, Income Tax, Indirect Tax, Service Tax July 20, 2017 Clarification – No TDS on GST (Tax Amount) Central Board of Direct Taxes (CBDT) has clarified about deduction of TDS on tax amount charged unde... Read More
admin Income-tax Act, 1961 July 12, 2016 What is the turnover limit for Audit of businesses? Any person carrying on a business must get accounting records audited if turnover exceeds Rs 1 crore... Read More
admin Income Computation and Disclosure Standards, Income-tax Act, 1961 July 8, 2016 Income Computation and Disclosure Standards (ICDS) notified under Section 145 (2) of the Income -tax Act, 1961 to be applicable from 1st April, 2016 Vide Notification No. SO 892 (E) dated 31st March, 2015, the Central Government notified 10 Income C... Read More
admin Income-tax Act, 1961, Service Tax, TDS January 17, 2014 No TDS on Service Tax Portion under Section 194J of the Income Tax Act, 1961 We wish to clarify that as per CBDT vide Circular No. 01/2014 dated 13 January 2014 wherever in term... Read More