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MINISTRY-OF-CORPORATE-AFFAIRS

MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.

Taxation of ESOPs

Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024

Amendments made in Form 3CD effective from AY 2024-25

TDS on Partner’s Remuneration introduced in the Budget 2024

RBI allows Indian Resident to open foreign currency accounts in GIFT City under LRS

Lower Tax Deduction certificate (TDS)

Sec 54 – Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai

Transit rent paid by the developer is not a revenue receipt and so not taxable: Bombay HC

Legal precedents on Ad- Hoc Disallowances

Monday, May 19, 2025

Tag: FY 2020-21

Income Tax Due Date Extension for AY 2021-22 (FY 2020-21)
Income Tax Notifications & Order IT

Income Tax Due Date Extension for AY 2021-22 (FY 2020-21)

CA Adityavikram Banka May 20, 2021

CBDT Circular 9 of 2021 dated 20th May 2021, has extended following due dates for Income Tax Compliance for AY 2021-22 (FY 2020-21)  : 1. Due date for TDS return … Read More

AY 2021-22CircularDue DateExtensionFY 2020-21Income Tax 1 Comment on Income Tax Due Date Extension for AY 2021-22 (FY 2020-21)
Taxation of Dividends FY 2020-21
Income Tax

Taxation of Dividends FY 2020-21

CA Adityavikram Banka May 25, 2020

The Budget 2020 has announced to abolish the Dividend Distribution Tax (DDT) payable by Indian Companies and restoring the classical system of Taxing Dividends in the Shareholders’ Hands. This was … Read More

AY 2021-22Budget ChangesDDTDividendFinance ActFY 2020-21Income TaxTDS
GST Compliance  Requirement at the beginning of Financial Year 2020-21
Uncategorized

GST Compliance Requirement at the beginning of Financial Year 2020-21

CA Adityavikram Banka April 14, 2020

Under GST in the beginning of the every year there are certain compliance that every registered person has to take. We have summarized GST Compliance Requirement as under:

Composition SchemeFY 2020-21GSTLUTYear End
Uncategorized

TDS Rate Chart for Financial Year 2020-21 and Assessment Year 2021-22

admin April 1, 2020

Rates of TDS applicable for Financial Year 2020-21 Assessment Year 2021-22.

AY 2021-22Budget ChangesFinance ActFY 2020-21Income TaxTDS
Uncategorized

Income Tax Slab & Rates applicable for Financial Year 2020-21 and Assessment Year 2021-2022

admin April 1, 2020

A. Individual Tax Slab Rates Finance Act 2020 has given choice to Individuals & Sole Proprietor Business and Profession to chose between a New Slab Rates or Continue with old … Read More

AY 2021-22Budget ChangesFinance ActFY 2020-21Income Tax

Recent Posts

  • MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.
  • Taxation of ESOPs
  • Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024
  • Amendments made in Form 3CD effective from AY 2024-25
  • TDS on Partner’s Remuneration introduced in the Budget 2024

INCOME TAX

  • Taxation of ESOPs
  • Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024
  • Amendments made in Form 3CD effective from AY 2024-25
  • TDS on Partner’s Remuneration introduced in the Budget 2024
  • Lower Tax Deduction certificate (TDS)

Corporate Law

  • MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.
  • Eligibility Criteria for listing on SME Platform of BSE
  • FCRA Registration by Charitable Organisation for Foreign Donation
  • Key Managerial Personnel: Section 203 of the Companies Act, 2013
  • How Stock Market Work – IPO – Animated Video

CASE LAW

  • Sec 54 – Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai
  • Transit rent paid by the developer is not a revenue receipt and so not taxable: Bombay HC
  • Legal precedents on Ad- Hoc Disallowances
  • Additions cannot be made based on profit assumptions: Punjab & Haryana HC
  • Excessive or unreasonable salary, is a sine qua non in invoking the provision of Sec 40A(2)(b): ITAT Ahmedabad

GOODS & SERVICE TAX (GST)

  • Remuneration paid to directors to attract GST – AAR
  • CBIC notifies the changes recommended in the 43rd GST Council meeting
  • Key points from 43rd GST Council Meeting
  • Presentation on E-Invoice Under GST
  • Extension of Due Date of GST for March & April 2021 Return

OTHER POSTS

  • MCA issues Merger and Amalgamation Amendment Rules effective from 17th September.
  • Taxation of ESOPs
  • Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024
  • Amendments made in Form 3CD effective from AY 2024-25
  • TDS on Partner’s Remuneration introduced in the Budget 2024

AY 2021-22 Budget Changes Case Law CBDT CBIC Circular Companies Act Corporate Law Director Dividend DTAA Due Date Extension Finance Act fundraising FY 2020-21 GST GST Council GSTN GSTR1 GSTR3B GST Refund GST Return High Court IBC Income Tax initial public offering Insolvency and Bankruptcy Code International Taxation ipo ITAT LLP MCA Notification NRI NRI Taxation Permanent Establishment (PE) RBI RCM Residential Status Reverse Charge Mechanism startup strategy TDS Unexplained Income

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