Latest Archives - Page 3 of 36

In another step towards further digitization of the business process flow, GSTN has launched the e-invoice registration services through multiple private IRPs at the recommendation...

GST Latest

Recommendations of 49th GST Council Meeting

Team Taxcharcha26/02/2023

by Team Taxcharcha26/02/20230495

The 49th GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi today. The meeting...

Company Law Latest

MCA allows physical filing of Form GNL 2, MGT 14, PAS 3, SH 8, SH 9 and SH 11 in physical form

Team Taxcharcha26/02/202326/02/2023

by Team Taxcharcha26/02/202326/02/202301105

The Ministry of Corporate Affairs (MCA) has allowed the stakeholders to file certain forms through the physical mode vide General Circular No. 05/2023 published on...

Income Tax Latest

Amendment in Rule 16CC and Rule 17B regarding Audit report formats for Charitable and Religious trusts and Institutions registered under section 10(23C)

Team Taxcharcha26/02/202326/02/2023

by Team Taxcharcha26/02/202326/02/20230914

The Income Tax Department on 21st February 2023 has notified the Income tax (amendment rules), 2023 to amend the Rule 16CC and Rule 17B and...

Income Tax Latest

ITR 7 for AY 2023-24 notified

Team Taxcharcha26/02/202326/02/2023

by Team Taxcharcha26/02/202326/02/20230526

The Income Tax Department has notified the ITR 7 on 14th February 2023 vide Notification No. 5/2023. To view and download the Notification, click here...

Income Tax Latest

Income tax return forms for AY 2023-24 notified

Team Taxcharcha26/02/2023

by Team Taxcharcha26/02/20230522

The Income Tax Department has notified the ITR forms for AY 2023-24 vide Notification No. 4/2023 published on 10th February 2023. In the Notification, the...

Company Law Latest

MCA further extends the time limit for filing of 45 company e-Forms, PAS-03 and SPICE+PartA in MCA 21 Version 3.0 without additional fee

Team Taxcharcha21/02/2023

by Team Taxcharcha21/02/202301019

The Ministry of Corporate Affairs (MCA), on 21st February 2023, has further extended the time limit for filing the 45 Company e forms, Form PAS...

Company Law Latest

MCA extends time for filing 45 Company e-forms and Form PAS 03 in V3.0 without addtional fee

Team Taxcharcha07/02/2023

by Team Taxcharcha07/02/202301201

Due to change in way of filing in Version-3, including fresh process of registration of users on MCA-21 and process of stabilization of 45 forms...

Income Tax Latest

Section 115BAE – New concessional tax rate for New manufacturing Co-operative societies

Team Taxcharcha05/02/2023

by Team Taxcharcha05/02/202303465

In the Finance Bill 2023, a new section 115BAE has been proposed to be inserted providing the concessional tax regime to new manufacturing co-operative societies....

Income Tax Latest

Union Budget 2023 – Amendment in Section 35D regarding claiming deduction on amortization of preliminary expenditure

Team Taxcharcha05/02/2023

by Team Taxcharcha05/02/20230893

In the existing provisions of Section 35D, the assessee, whether an Indian Company or a person other than company who is resident in India, can...

Income Tax Latest

Mahila Samman Savings Scheme – New small saving scheme for Women

Team Taxcharcha04/02/2023

by Team Taxcharcha04/02/20230905

In the Union Budget 2023, a new small saving scheme for women has been launched by Union Minister of Finance, Smt. Nirmala Sitharaman ji. In...

Income Tax Latest

Union Budget 2023 – Increasing threshold limit for co-operatives to withdraw cash without TDS u/s. 194N

Team Taxcharcha03/02/2023

by Team Taxcharcha03/02/20230877

Section 194N which specifies the rate of TDS to be deducted in case of cash withdrawal from a banking company, a co-operative society or a...

Income Tax Latest

Union Budget 2023 – Increasing threshold limits for presumptive taxation schemes

Team Taxcharcha03/02/202303/02/2023

by Team Taxcharcha03/02/202303/02/20230848

With the introduction of section 44AD and section 44ADA, the Government has always emphasized on the ease of compliance to the Traders and Professionals who...

Income Tax Latest

Union Budget 2023 – Inclusion of timely payments to Micro and Small Enterprises in Section 43B

Team Taxcharcha03/02/202303/02/2023

by Team Taxcharcha03/02/202303/02/202301124

In the Union Budget 2023, a new provision has been proposed which seems to promote the payments to the Micro and Small enterprises. In the...

Income Tax Latest

Union Budget 2023 – Rebate u/s. 87A enhanced for New Income tax regime

Team Taxcharcha02/02/2023

by Team Taxcharcha02/02/20230793

In the Union Budget 2023 introduced by Union Finance Minister Smt. Nirmala Sitharaman on 1st February 2023, the focus has been shifted on promoting the...

Income Tax Latest

Union Budget 2023 – Rationalization in Surcharge Rate for Individuals / HUF / AOP / BOI

Team Taxcharcha02/02/2023

by Team Taxcharcha02/02/20230734

In the Finance Bill 2023, the Surcharge for the Individuals or Hindu Undivided Family (HUF) or Association of Persons or Body of Individuals or an...

Income Tax Latest

Union Budget 2023 – Increase in Income tax slab under section 115BAC

Team Taxcharcha02/02/2023

by Team Taxcharcha02/02/20230684

Till AY 2022-23, there has been 2 Income tax slabs. One is the old one in which all the deductions can be availed and the...

Income Tax Latest

Finance Bill 2023 and memorandum explaining Finance Bill 2023

Team Taxcharcha02/02/2023

by Team Taxcharcha02/02/20230546

Today, on 1st February 2023, the Finance Bill has been presented by Union Finance Minister, Smt. Nirmala Sitharaman ji. To view and download the Finance...

GST Latest

Notification No. 20/2022-Central Tax – Seeks to rescind Notification No. 20/2018-CT dated 28th March, 2018.

Team Taxcharcha05/10/2022

by Team Taxcharcha05/10/202201009

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GST Latest

Notification No. 19/2022 – Central Tax – Seeks to make amendments (Second Amendment, 2022) to the CGST Rules, 2017.

Team Taxcharcha05/10/202205/10/2022

by Team Taxcharcha05/10/202205/10/20220827

[docxpresso file=”https://taxcharcha.com/wp-content/uploads/2022/10/NN-19-2022-eng.odt” comments=”true” SVG=”true”]...

GST Latest

Notification No. 18/2022-Central Tax – Seeks to notify 01.10.2022 as the date on which provisions of sections 100 to 114, except clause (c) of section 110 and section 111 of Finance Act, 2022 shall come into force.

Team Taxcharcha05/10/2022

by Team Taxcharcha05/10/202201371

...

GST Latest

Implementation of E-Invoicing for Turnover more than Rs. 10 Crores

Team Taxcharcha02/10/2022

by Team Taxcharcha02/10/20220724

The Central Board of Indirect Taxes and Customs (CBIC) has published the Notification No. 17/2022-Central Tax in which it has been decided that for the...

Company Law Latest

Extension of due date of filing for DIR 3 KYC

Team Taxcharcha02/10/2022

by Team Taxcharcha02/10/20220985

The Ministry of Corporate Affairs (MCA) has extended the due date of the filing of DIR 3 KYC and DIR 3 KYC WEB. Currently, the...