MCA has further extended the due date of filing Form CSR-2 for the FY 2020-21 to 31st May 2022. Extension of deadline for accounting software with audit trail The applicability of using accounting software having audit trail has been deferred again and now shall be applicable from financial ...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last four years. These external alerts highlight selected developments involving state tax legislative, judicial, and administrative matters. The alerts provide a brief summ...
Texas’ state budget for FY2024 is approximately $160 billion (it is enacted biennially, the total spending amount for 2024 and 2025 being $321.3 billion). Texas had a rolling forward $32.7 billion surplus from its previous biennial budget and an additional $23.5 billion in its rainy day (Ec...
Texas’ state budget for FY2024 is approximately $160 billion (it is enacted biennially, the total spending amount for 2024 and 2025 being $321.3 billion). Texas had a rolling forward $32.7 billion surplus from its previous biennial budget and an additional $23.5 billion in its rainy day (Ec...
Rate of TDS/TCS 0.1% 0.1% (0.075% for FY 2020-21) PAN not available 5% 1% Triggering point Turnover/Gross Receipts/Sales from the business of BUYER should exceed Rs.10cr during previous year (Excluding GST) Purchase of goods of aggregate value exceeding Rs.50Lakhs in P.Y. (The val...
Starting from the first day of April, taxpayers can file their ITRs for AY 2024-25, which is relevant to the FY 2023-24. View more03rd April 2024The Income-tax notification no 2/2024 is released for verification of the time limit of the income tax return after uploading on the portal....
Standard Rate 0% (for food staples), 5%, 12%, 18% and 28% (+cess on luxury items) GST 5% and HST varies from 0% to 15% 20 %Reduced rates- 5 %, exempt, zero rated 7% Reduced rates- Zero rated, exempt Threeshold Exemption Limit Rs.40 lakh or Rs.20 lakh, depending on the st...
Whether income above basic exemption limit Whether audit required? 2017-18 80 9% Yes Yes No 2018-19 75 5% No Yes Yes [Sec 44AB(e)] 2019-20 62 10% Yes Yes Yes[Sec44AB(e)] 2020-21 48 4% Yes No No 2021-22 99...
Any time limit for completion or compliance of any action.. Implementation of PMT A taxpayer is entitled to refund of tax wrongly paid.. Service Accounting Code mandatory With effect from 1st April person having turnover of more than 5crore.. ...
Sir, I want to know any trust if they have transitioned within ২০০০ thousand the have to must audit? Reply SOORAJ M July 24, 2020 at 9:32 am I have filed my income tax return of 2014-15 (AY 2015-16) but forget to e verfy. later i e verified on March 2018. on ...