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What is HSN Code under GST ? – a Video

The HSN or Harmonized Commodity Description and Coding System generally referred to as “Harmonized System of Nomenclature” codes for GST is is actually a...

21st July Deadline for Opting Composition Scheme?

Ministry of Finance has released a Press Release saying that the Rules related to Registration and Composition Scheme have been notified on 19th June,...

Form 61A Filing Date Extended by a Month !

CBDT has extended the date of furnishing Form 61A which is a statement of financial transaction, reporting of which is a responsibility for all reporting...

Commissioner (Appeal) Arrested in 19 Lakhs Bribery Charge , 1.5 Crore Seized

Media reports suggest that incumbent CIT(Appeal)  B B Rajendra Prasad . IRS five others have been taken into custody  by Central Bureau of Investigation....
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Section 80TTA : Tax Deduction for Interest Earning

It is seen that often people forget to claim a deduction for earning interest on bank depoist. At the same time , it is...

Salary Earned By Non-Resident Not Taxable on Receipt Basis : CBDT

Taxworry earlier published on 7th January 2017 ITAT Kolkata Order in Tapas Kr. Bandhopadhya Case. Here is Why NRI Employees ,Marine Engg or Others Should...

Sec. 269ST Not Applicable on Cash Withdrawal

As mentioned earlier that the new provision of law under section 269ST of the Income Tax Act which prohibits cash transactions , is not...
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Operation Black Money Tax Collection Estimator

Operation Balck Money currently in operation by government is part of Demonetization exercise. Huge numbers of bank accounts got cash deposits . Many of...
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Harshest Tax Proposal That was Not Discussed in Public

Finance Bill 2017 presented to Lok Sabha by Hon'ble Finance Minsiter Sri Arun Jately consists of many tax proposals . People must have heard...

Dispute Resultion Scheme Date Extended to 31.1.2017

CBDT has issued notifcation in Guzzette regarding the extension of Dispute Resolution Scheme 2016 to January 31st 2017 . Read the notifcation dt...

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