Apnoka CA Apnoka CA

Navigate the World of Finance and Money with Ease! apnokaca.com is a One-Stop solution for all legal & Financial blogs & updates! Empowering You with Knowledge to Make Informed Decisions! Stay Ahead for the latest legal and financial with apnokaca.com!

An exclusive national news network with a Delhi base is labeled apnokaca. Its English-language channels target the legal and financial sectors. To make legal and financial services simple to understand for our readership & viewers is our objective.

Patparganj, Delhi (HQ)

305 3RD FLOOR PLOT NO 51, Hasanpur, I.P.Extension, 110092
Myitronline Global Services
# sac

12 posts in `sac` tag

Card image
Income tax

Tax Audit for Transfer Pricing: A Guide for FY 2023-24

This blog article offers a thorough overview of tax audit for transfer pricing in India. It addresses the fundamentals of transfer pricing, who must file a tax audit report, important report components, and ways to guarantee regulatory compliance. This post is a must-read for organizations with foreign transactions or specific local transactions as the deadline of October 31, 2024, draws near.
Card image
Income tax

A Comprehensive Guide to Annual Financial Reporting for Indian Companies: An Understanding of AOC-4

All firms registered in India under the firms Act of 2013 are required to file the AOC-4 form. This blog offers a thorough explanation of AOC-4, including what it means, how important it is to maintain legal compliance and openness, what papers are needed, and how to file a complaint step-by-step. It is essential to comprehend and follow these guidelines in order to preserve investor confidence and stay out of trouble. Whether you work in accounting or operate a business, this article will make it easier for you to understand the intricacies of AOC-4 filing.
Card image
Income tax

Taxman Comes Knocking: High-Value Transactions in Focus

The Income Tax Department's heightened emphasis on high-value transactions is examined in this blog post. It looks at the motivations behind this decision, how it will affect people and businesses, and risk-reduction tactics.
Card image
Income tax

Section 135A of the Income Tax Act

This blog offers a thorough explanation of Section 135A of the Income Tax Act, which mandates that certain taxpayers include extra information about transactions with individuals outside of India in their tax audit report. The blog discusses Section 135A's requirements, such as who must comply, what information must be supplied, and the consequences of not complying. For taxpayers, chartered accountants, and tax professionals who need to know how Section 135A will affect their tax compliance responsibilities, it is a must-read.
Card image
Income tax

Sections 269SS and 269T of the Income Tax Act

The Income Tax Act has provisions called Sections 269SS and 269T that limit cash transactions for loans and deposits over Rs. 20,000 in an attempt to prevent tax evasion and encourage transparency. Such amounts cannot be accepted in cash according to Section 269SS, and cash repayment is limited according to Section 269T. Penalties for noncompliance may equal the cost of the transaction. This blog offers a thorough explanation of each of these areas, as well as helpful advice on how to comply.
Card image
Income tax

Detailed Guide on Form 26QB and Form 26QC: Key Differences and Procedures

This blog provides an in-depth comparison and detailed explanation of Form 26QB and Form 26QC, essential for TDS compliance in property and rental transactions. Learn about the applicability, procedures, and key differences between these forms to ensure proper tax deduction and reporting.
Card image
Income tax

Section 135: Unlocking the Power of Corporate Social Responsibility in India

This blog post provides a comprehensive guide to Section 135 of the Companies Act, 2013, which deals with Corporate Social Responsibility (CSR). It covers the CSR provisions, amendment rules, and filing process, making it a valuable resource for companies looking to comply with CSR regulations in India.
Card image
Income tax

Form 61A: Statement of Specified Financial Transactions (SFT) Under Section 285BA of the Income Tax Act, 1961

Form 61A is a statement of specified financial transactions (SFTs) under Section 285BA of the Income Tax Act, 1961. It is used to capture information on certain high-value transactions as prescribed in the Income Tax Act. This blog post covers the details of Form 61A, the transactions that should be reported, the format of the form, and the consequences of non-compliance.
Card image
Income tax

In-Depth Guide to Section 80TTA of the Income Tax Act, 1961

Discover the ins and outs of Section 80TTA of the Income Tax Act, 1961, and how it benefits individual taxpayers and HUFs by offering tax deductions on interest income from savings accounts.
Card image
Income tax

Crucial Update: Deadline for Submission of Statement of Financial Transactions (SFT)

This update highlights the critical deadline for submitting the Statement of Financial Transactions (SFT). It emphasizes the importance of adhering to this deadline to comply with regulatory requirements.
Card image
Income tax

Taxman on High Alert: CBDT Cracks Down on Evasion with Transaction Reporting

In a move to strengthen tax compliance and curb evasion, the Central Board of Direct Taxes (CBDT) in India is mandating "reporting entities" like banks, fintech companies, and property registrars to submit details of all high-value transactions conducted during the financial year 2022-23. This blog post explains what this means, who it affects, and why the CBDT is taking this step.
Card image
Notice

Navigating Cash Transactions: Unveiling New Guidelines - APNOKACA Update

Introducing the "New Guidelines for Cash Transactions"! These rules are changing how we use cash.