New MSME Udyam Registration Process and all you need to know

The government has organized a system to facilitate the registration of MSMEs. An enterprise for this process will be known as Udyam and its Registration Process will be known as ‘Udyam Registration’. A permanent...

Due Date Calendar for June’2021

A) Due dates for Compliance under Income Tax 7 June 2021 - Due date for deposit of Tax deducted/collected for the month of May, 2021. However, all sum deducted/collected by an office of the government...

What is Professional Tax? View Tax Slab and Applicability

What is Professional Tax? Professional tax is a tax that a state government levies on any individual who earns income through any medium. Unlike the name suggests, it is not just for professionals but for...

What are Form 15CA and 15CB? How to fill and who are applicable.

Any payment made to a non-resident or a foreign company is subject to various rules and regulations. As per provisions of Section 195 of Income-tax Act,1961 any person responsible for paying money to a non-resident...

All about Form DPT-3: Return of Deposits

1. What is the Return of deposit (Form DPT-3)? Any receipt of money by way of deposit or loan or in any other form, by a company other than receipt of money not considered as...

Relaxation In Applicability of Accounting Standards Commencing From April 1, 2020.

Announcement by The Institute of Chartered Accountants of India Criteria for classification of Non-company entities for applicability of Accounting Standards. The Council, at its 400th meeting, held in March, 2021, considered the matter...

ITAT e-filing Portal to go live on 21 June 2021

ITAT has announced that e-filing portal will be launched for filing of appeal before the Income tax appellate tribunal.It has been mentioned that e-filing portal shall be live from 21.06.2021 but same shall be...

A guide to depreciation rates for AY 2021-22

Depreciation is allowed as a deduction under section 32 of the Income Tax Act, 1961. In the computation of taxable income, the depreciation rate as per income tax act will be allowed as deduction...

Recent posts

Want to publish your own blogs?
Write an Article