Category Archives: Taxation

Clarification Regarding Short Deduction of TDS/TCS

Posted on April 17, 2020

Clarification issued by CBDT vide no. 08/2020 dated 13th April, 2020 regarding short deduction of TDS/TCS due to increase in rates of surcharge by Finance (No. 2) Act, 2019. For details please refer the attached document:- Clarification On short Deduction … Continue reading →

Posted in Direct Tax, Taxation |

Extension of Due Dates Due to Covid-19 Lockdown

Posted on April 11, 2020

INCOME TAX Nature of Compliance Relevant Period Original Due Date Extended Due Date Income Tax Return for [Belated return & Revised return] FY 2018-19 (AY 2019-20) 31st March 2020 30th June 2020 TDS Returns in Form 24Q/26Q   4th quarter … Continue reading →

Posted in Direct Tax, GST, Regulatory, Taxation |

Taxability of E-commerce Transactions

Posted on April 6, 2020

With the expansion of information and communication technology, the supply and procurement of digital goods and services have undergone exponential expansion everywhere, including India. Today is the Era of E-commerce which is significantly growing faster than the global economy as … Continue reading →

Posted in Direct Tax, Taxation |