Saturday, February 2, 2019
Friday, February 1, 2019
Late Fee can be imposed in cases where TDS Default Continued after 1.6.2015: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the late fee can be levied for delay in filing TDS Statement for the period after 1.6.2015 if there is a continuing default even after the said date. The bench further deleted late fee levied prior to 1.6.2015 as there was no […]
The post Late Fee can be imposed in cases where TDS Default Continued after 1.6.2015: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws http://bit.ly/2BeMUs0
Budget 2019: Relief to Home Buyers, Capital Gain can be invested in Two Residential Houses
The Budget 2019 announced today has two major relief for persons who intends to purchase two houses from the capital gain received from old assets. According to the budget proposal, the persons who intends to purchase new house out of the amount received from the sale of old asset can claim relief for two houses. […]
The post Budget 2019: Relief to Home Buyers, Capital Gain can be invested in Two Residential Houses appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws http://bit.ly/2Tt5V10
Official Assignee need to Compute Tax and File ITR in status of ‘Artificial Juridical Persons’: CBDT [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has clarified that the Official Assignee, who realizes property of the insolvent and allocated it amongst the creditors of the insolvent, is required to file Income tax return in the Income Tax Return form applicable to ‘artificial juridical person’ separately of each of the estate of […]
The post Official Assignee need to Compute Tax and File ITR in status of ‘Artificial Juridical Persons’: CBDT [Read Circular] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws http://bit.ly/2BbGuKb
CBIC extends Due Date for filing GSTR-8
The Central Board of Indirect Taxes and Customs ( CBIC ) has extended the due date for filing GSTR-8. Every e-Commerce operator who is required to collect taxes at source (TCS)for all the taxable supplies made through it, must file GSTR 8. The details of such taxable supplies and the tax collected at source by the e-commerce operator need […]
The post CBIC extends Due Date for filing GSTR-8 appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws http://bit.ly/2Tza8Ac