Taxpayers will need to disclose passport numbers in place of travel details.
The Income tax department has notified a new, more simplified, set of ITR forms for taxpayers
to file their returns for assessment year 2015-16, wherein it has done away with intrusive details
such as the number of...
No need for bank balance details, foreign trip info in new ITR forms
Posted by Studycafe
Posted on Thursday, June 25, 2015
with No comments
New e-TDS/TCS Return Preparation Utility Ver. 1.2 released
Posted by Studycafe
Posted on Thursday, June 25, 2015
with No comments
It is proposed to release new version of NSDL e-Gov TDS/TCS – Return Preparation Utility (RPU) and File Validation Utility (FVU) tentatively on 23rd June, 2015. Details of which are given below:-
1. Return Preparation Utility (RPU)
· Version...
CBDT Released ITR-1(SAHAJ) and ITR-4S(SUGAM) excel utility for A.Y 2015-16
Posted by Studycafe
Posted on Thursday, June 25, 2015
with No comments
CBDT Released ITR-1(SAHAJ) and ITR-4S(SUGAM) excel utility for A.Y 2015-16 in excel utility as well as in java utility
You can download the same from the below link.
Download ITR (1) For A.Y 2015-16
Download ITR (4S) For A.Y 2015-16
medianet_width='600'; medianet_height= '120'; ...
CBDT notifies ITR-1, ITR-2, ITR-2A and ITR-4S to be filed for AY 2015-16
Posted by Studycafe
Posted on Wednesday, June 24, 2015
with No comments
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB- SECTION (ii)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
[CENTRAL BOARD OF DIRECT TAXES]
NOTIFICATION
New Delhi, the 22nd day of June, 2015
Income-tax
S.O....
Making company registration easy
Posted by Studycafe
Posted on Monday, June 22, 2015
with No comments
The government introduced a new registration form INC-29 - which combined seven different forms into one - on May 1 this year as part of its effort to ease the process of "starting a business". Professionals who assist entrepreneurs to register companies - advocates, chartered accountants,...
New norms make exit flexible for NPS investors
Posted by Studycafe
Posted on Monday, June 22, 2015
with No comments
The Pension Fund Regulatory and Development Authority (PFRDA) has notified its guidelines for exits and withdrawals under the National Pension System (NPS). The guidelines are meant to allow a certain degree of flexibility to existing investors at the time of making an exit."The new guidelines make NPS a...
ICAI asked Suggestions on GST
Posted by Studycafe
Posted on Sunday, June 21, 2015
with No comments
The biggest tax reforms in the history of Independent India are taking its final shape as the Constitution (122nd Amendment) Bill relating to the Goods and Service Tax (GST) has been passed by the Lok Sabha. Multiplicity of taxes, varying rates, costly compliance and lower revenue to the public exchequer...
NPS now offers loads of Tax benefits for employees
Posted by Studycafe
Posted on Thursday, June 18, 2015
with No comments
Now a days NPS is in talk because of extra tax benefit, we have come with the article mentioning all the tax benefit NPS will give.
Finance Minister Arun Jaitley in Budget 2015-16 introduced an additional income tax deduction of Rs. 50,000 for contribution to the New Pension Scheme (NPS)...
Top 5 myths around filing e-returns that might cost you heavily
Posted by Studycafe
Posted on Tuesday, June 16, 2015
with No comments
E-filing of income tax returns, introduced by the IT Department in assessment year 2007-08 for
individuals earning over Rs 5 lakhs per annum from the assessment year 2013-14 onwards, is a simple
and easy way of filing returns but has not been popular because of the mindset of the people and
misconceptions...
All About e-filing for LLP
Posted by Studycafe
Posted on Tuesday, June 16, 2015
with No comments
In order to carry out
e-Filing on LLP you have facility to download the eform and fill it in an
offline mode. Every form has the facility to pre-fill the data available in LLP
system. Once the e-form is filled you would need to validate the e-form using Pre-scrutiny
button. You would then have to...