Namrata JuvekarFeb 1, 20212 minUnion Budget 2021 - Key Highlights on Direct Tax UpdatesThe following are the major proposals of the Budget 2021, as announced by FM Nirmala Sitharaman
AccounString Management Private LimitedJan 30, 20211 minIntimation under section 143(1) - Income TaxIntimation received u/s 143(1) is not a Notice but a communication received from the income tax department.
AccounString Management Private LimitedJan 16, 20211 minBeware!! Penalty for wrong entry in Books of Accounts u/s 271AAD!Finance Act, 2020 introduced penalty provision to curb malpractices of issuing fake invoice. As explained by memorandum to Finance Bill,...
AccounString Management Private LimitedJan 14, 20211 minCBDT launches e-portal for filing complaints!! To encourage citizen participation as a stakeholder in enforcing tax evasion, the Central Board of Direct Taxes has launched an automated...