Tax planning

Posted by | August 21, 2020
Must read if your annual sales turnover is more than Rs. 10 crores

What’s the provision: Effective from October 01,2020 a seller is required to collect additional 0.1% of sales value towards tax collected at source commonly known as (TCS) from a buyer...

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Posted by | June 19, 2020
All about 26AS & its amended version – the New Annual Information Statement (AIS)

All taxpayers are aware of the Form 26AS which is an annual consolidated statement issued by the Income Tax Department under Section 203AA of Income-tax Act, 1961. It contains details...

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Taxman says - no cash please!
Posted by | November 7, 2019
Taxman says – No Cash Please !!

In India people transact in cash every day without thinking much about it. In order to curb black money, the Income Tax department of India has imposed various restrictions on...

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