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employerTax CA Atul mangal

59) India's 2022-23 and 2023-24 Budgets: Taxation and Anti-Money Laundering Measures for Crypto currency and Digital Assets

The Finance Bill (crypto tax), 2020 (2020) 420 ITR 115 (st) (146) has been passed by the Parliament with around 50 plus amendments on March 23, 2020. In our earlier Blog – Important Notifications for Individuals & HUF Budget 2020 (Applicable from 1.04.2020) Dated 28th February, 2020 we briefly intimated about the proposed changes introduced in Budget 2020. CA Atul Mangal

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Refund from Income tax departments are getting blocked if the Name, Date of birth, and other Know your customer (KYC) particulars are not same in PAN Card, Aadhar Card and in Bank account. All needs to be same for getting refund from income tax department

As per income tax act, 1961 payment made to non residents attracts tax deducted at source (TDS) provisions. As per TDS provisions if a payment is covered under TDS provisions then there is a mandatory requirement to deduct TDS on such payment. In this article we will discuss all the TDS provisions which are applicable on payment to non residents.

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In case you are not the primary account holder in a joint account in any bank then while filling your income tax return avoid providing such account details as your refund from income tax department may not come in that account. So provide only the other bank account details to get your refunds timely

As per income tax act, 1961 payment made to non residents attracts tax deducted at source (TDS) provisions. As per TDS provisions if a payment is covered under TDS provisions then there is a mandatory requirement to deduct TDS on such payment. In this article we will discuss all the TDS provisions which are applicable on payment to non residents.

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The income tax return for A.Y 2019-20 can be filled only after depositing penalty u/s 234F of Rs. 10,000 if total income exceeds Rs. 5,00,000 (Rs. 1,000 in case total income is below Rs. 5,00,000) if you file After 31st December, 2019 but on or before 31st march, 2020.

As per income tax act, 1961 payment made to non residents attracts tax deducted at source (TDS) provisions. As per TDS provisions if a payment is covered under TDS provisions then there is a mandatory requirement to deduct TDS on such payment. In this article we will discuss all the TDS provisions which are applicable on payment to non residents.

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