Judgement

As per the Rajasthan Authority for Advance Ruling, the exemption under Rule 86B does not apply even if the combined income paid by the partner and firm is above Rs 1 lakh

GST Rule 86B Exemption Denied if No Single Partner Nor Firm Has Paid More than Rs. 1L Income tax: AAR

News

The Reserve Bank of India released a set of new and updated rules for banks and NBFC on Thursday, notifying that now customers do not need to visit their home branch in order to update their KYC.

Reserve Bank of India Simplifies KYC Rules; Reopening a Closed Bank Account Now Easier

In a shocking news from Raipur, Chhattisgarh, a 32 year old man named Aman Agarwal has been arrested by GST officials under charges of fraud of Rs. 26 crore.

GST Scam of 26 Cr in Chhattisgarh: Fraudsters Use Dead Persons to Open Fake Firms

Notifications

The Central Government of India has officially declared the bond issued by the NABARD as a Zero Coupon Bond for purposes of Income Tax.

CBDT Notifies Zero Coupon Bonds of NABARD for Income Tax

Articles

Know all income tax benefits for senior and super senior citizens in India under sections 80D, 80DDB, 80TTB, 194A, 194P, and more.

Indian Govt. Offers Income Tax Benefits to Senior Citizens: Know more

Learn how Sections 89 and 89A of the Income Tax Act help reduce tax on lump-sum income like arrears, gratuity, pension, or foreign retirement benefits.

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GST Rule 86B Exemption Denied if No Single Partner Nor Firm Has Paid More than Rs. 1L Income tax: AAR

Reserve Bank of India Simplifies KYC Rules; Reopening a Closed Bank Account Now Easier

GST Scam of 26 Cr in Chhattisgarh: Fraudsters Use Dead Persons to Open Fake Firms

CBDT Notifies Zero Coupon Bonds of NABARD for Income Tax

Indian Govt. Offers Income Tax Benefits to Senior Citizens: Know more

Received arrears of salary, gratuity, pension; understand tax calculation, and ITR Filing compliance