# compliance
12 posts in `compliance` tag
.jpg)
The Role of Section 140B in Updated Return Filing and Taxation
This blog provides a comprehensive guide on Section 140B of the Income Tax Act, detailing the process of filing updated returns under Section 139(8A). It covers the applicability, tax computation, benefits, challenges, and FAQs related to Section 140B, helping taxpayers understand their obligations and avoid penalties.
-
By Krishna
.jpg)
Section 192 TDS on Salary: Current Regulations for FY 2024–2025
For FY 2024–2025, this blog offers a comprehensive guidance on TDS on salaries under Section 192. Discover how to compute TDS under the previous and current tax systems, as well as the most recent regulations and employer obligations.
-
By Krishna
.jpg)
How to Defend Household Cash Transactions in a Section 142(1) IT Notice
This blog explains how to respond to an Income Tax notice under Section 142(1) regarding household withdrawals. Learn about the required documents, expense reporting, and steps to ensure compliance with the Income Tax Department.
-
By Krishna
Never Miss a Deadline: March 2025 GST and Income Tax Compliance Dates
This blog offers a thorough rundown of the TDS, advance tax, and GST reporting dates as well as the March 2025 income tax and GST compliance deadlines. This thorough guide will help you stay in compliance and stay out of trouble.
-
By Krishna
.jpg)
CBDT Launches Self-Help Tool for Immediate Responses to Income Tax Bill 2025
To help taxpayers comprehend the proposed amendments in the Income Tax Bill 2025, the Central Board of Direct Taxes (CBDT) has introduced a cutting-edge Self-Help Tool. This online resource makes tax compliance simpler for both people and corporations by providing real-time updates, tax calculators, and streamlined legal explanations. Discover the main aspects of the Income Tax Bill 2025, as well as how to utilize this instrument and its advantages.
-
By Krishna
Understanding the Recent Updates to Income Tax Form No. 49C
This blog gives a full summary of the most recent amendments to Income Tax Form No. 49C, including who must file it, the changes made, and how taxpayers may assure compliance with the new requirements.
-
By Krishna
.jpg)
Income-tax Fifth Amendment Rules 2025: Reporting Changes for Business and Securitization Trusts
The Income Tax Fifth Amendment Rules 2025 include major modifications to the reporting requirements for business trusts and securitization trusts. This blog discusses the significant revisions, new timetables, and what they mean for taxpayers and investors.
-
By Krishna
.jpg)
GST Regulations Update: All You Need to Know (Feb 18-24, 2025)
This blog covers the latest GST announcements, notifications, and changes from February 18 to February 24, 2025. Key updates include the Composition Scheme for FY 2025–2026, mandatory E-Way Bills for scrap suppliers, and important compliance deadlines.
-
By Krishna
.jpg)
A Comprehensive Guide to the Updated TDS Rate Chart for FY 2025-26 (AY 2026-27)
This blog includes a thorough TDS rate chart for the fiscal year 2025-26 (assessment year 2026-27). It includes TDS rates for a variety of payments such as wages, interest, rent, professional fees, and more. The site also discusses critical TDS compliance considerations such as PAN requirements, quarterly installments, and penalties for noncompliance. Stay up to speed on the newest TDS rates to guarantee a smooth tax filing experience.
-
By Krishna
Understanding the Supreme Court’s Review of CGST Act Section 168A
The Supreme Court is reviewing the legality of CGST Act Section 168A, which allows deadline extensions for tax compliance. This blog delves into the implications for taxpayers, the legal challenges, and potential outcomes of this significant case.
-
By Krishna
.jpg)
CBDT Circular No. 3/2025: A Comprehensive Guide to TDS on Salaries for FY 2024-25
CBDT Circular No. 3/2025 provides detailed guidelines on TDS deduction from salaries under Section 192 for FY 2024-25. This blog covers tax regimes, employer responsibilities, and compliance steps to ensure accurate tax computation and timely TDS payment.
-
By Krishna
.jpg)
GST Amnesty Scheme 2024: A Comprehensive Guide to Settling Outstanding Tax Dues
The GST Amnesty Scheme 2024, introduced under Section 128A of the CGST Act, offers taxpayers a chance to settle outstanding tax dues from FY 2017-18 to 2019-20 without incurring penalties or interest. This blog provides a detailed overview of the scheme, its benefits, eligibility criteria, and key considerations for businesses.
-
By Krishna