ITR Filling Due Date extended to 5th August for AY 2017-18 (i.e. Year ending 31.03.2017)

The last date for filing of income tax returns (ITRs) for the financial year 2016-17 has been extended to August 5. Due date for filing Income tax return u/s 139(1) for the assessees who are […]

GST Network extends deadline till April 30 for firms to register

Once again GST Network has decided to extend the deadline to register on GST Onine Portal till April 30, 2017 from March 31, 2017. Source :

5 Stock to Buy in 2017 which can be Multibaggers

Larsen & Toubro  Larsen & Toubro Ltd (LT) is from Large Cap and this stock can be good for investors who want to play safe but want to make most of the rally in Construction […]

How to Apply for Udyog Aadhaar : Procedure

After SSI abolition, now a days Udyog Aadhaar is widely accepted in compliance like opening current account, giving proof of registration of any entity and similar kind of work. Procedure to obtain Udyog Aadhaar is very easy […]

Explanation for Cash Deposit notice by Income tax | Cash Compliance 2016

Income Tax Department (ITD) intends to obtain explanation from the assessees who had deposited plenty of amount during period of demonetization (i.e. 9th November, 2016 to 31st December, 2016). Many of those has received SMS […]

Budget 2017 Changes in Income tax which are not covered in Speech

There are few changes in Direct tax, mainly Income tax act which are not covered by Finance Minister in his Speech on Budget Day. This is followed by Finance bill, 2017 which is available to download […]

Government Clarification on Amendment to Payment of Wages Act : No Cashless yet

After demonetization people were expecting one step of government of stopping cash payment towards Salary & Wages. However, recent notification and amendment in Minimum Wages act is not directing for the same. Though it may […]

ITR filling Due Date for FY 2015-16 (AY 2016-17) extended to 17th October

CBDT has decided to extend ITR due date for FY 2015-16 from 30th September, 2016 to 17th October, 2016 considering IDS Compliance. ITR filling Due Date for FY 2015-16 (AY 2016-17) extended to 17th October, […]

Income tax return filling Due Date extended for FY 2015-16 (AY 2016-17) to 5th August

Income tax return filling Due Date extended for FY 2015-16 (AY 2016-17) from 31st July, 2016 to 5th August 2016 for Individual and HUF assessees whose books of accounts are not required to be audited […]

Finance Bill 2016 got the President’s Assent

News Regarding Finance Bill 2016 got the President’s Assent: Honorable President of India Mr. Pranab Mukherjee has on 14th May 2016 assented The Finance Bill, 2016 . The Finance Bill was presented in the Lok Sabha […]