Citing difficulties being faced in the new income tax portal, CBDT through a press release dated 20.07.2021 has once again extended the date of submitting
Author: Taxpyramid
On Sale Of Second Hand Jewellery, GST Applicable Only On Margin Earned
Karnataka Advance Ruling Authority has given a very important ruling regarding GST applicability on sale of second-hand jewellery by jewellers. When the used or second
Tendering Fees Charged By Govt To Attract GST, Confirms Maharashtra AAR
The tendering fees charged by government for online and offline tenders are GST leviable transactions and therefore GST would be payable on tender fees or
‘Educate Your Client To Not Cheat Govt’ Is Mantra To Success in Tax Practice. Read Full Interview with Zafarullah Sattar Khan
Educate your client and never encourage him to cheat the government or evade taxes. This is the mantra that has been practiced, followed and mastered
TDS u/s 194Q On Purchase of Goods : Explained
TDS u/s 194Q on purchase of goods is the newly introduced TDS provision inserted in the Income-tax Act through Finance Act 2021 which would be
Date for filing Form 15CA/15CB in manual form extended till 15th July 2021
CBDT through a press release dated 05.07.2021 has once again extended the date of submitting Form 15CA / 15CB in manual form to the authorized
RBI New Rule Says Unclaimed FD After Maturity To Earn Saving Account Interest Rate
As per the new rules announced by the Reserve Bank of India, Customers who have not renewed FD in time or left in unattended would
Govt Exploring 18% GST on purchase of Cryptocurrencies with Foreign Crypto Exchanges
Foreign Crypto exchanges may be required to pay GST on the transactions with Indian citizens as the Government is thinking of levying GST at the
DGFT Extends Time Line To Update IEC Upto 31st July 2021
DGFT has extended the timeline to update IEC code for Financial Year 2020-21 from 30th June 2021 to 31st July 2021. DGFT vide its notification
How Govt Ignored Majority Of Taxpayers While Announcing Covid Related Tax Exemptions
On 25th June 2021 as Media broke out the news of income tax exemptions on expenses incurred on medical treatment of Covid, it elated the