The Income Tax Department has made it mandatory for the Resident Individuals to qoute their Adhaar or enrollment id mandatorily for the Assessment Year 2017-18. The change have been mandated by the Finance Bill 2017 to make it mandatory for… Read More
Statement on Financial transaction (SFT)
According to Section 285BA of the Income Tax Act, 1961, a statement for financial transactions (SFT) need to be filed for the transactions prescribed under Rule 114E of the Income Tax Rules, 1962. The due date of filing of Statement… Read More
Income Tax Department facilitates to correct the errors in Adhaar and PAN
The income tax department has recently went under launch of an e-facility to correct the errors in the database of PAN and Adhaar. Further the department has launched the facility to link the biometric identifier Aadhaar with PAN. The department… Read More
GST will Rule out from July, 2017
While attending the African Development Bank’s annual meet on tuesday, the Finance Minister Mr. Arun Jaitley clarified that there is no doubt that the GST will rule out in India from July 1, 2017. Jaitley also said that in the… Read More
GST Enrolment
The GST is geared up for launching on July 1, 2017, according to the recent reports it has been came to notice that only 34% Service Tax Assesees have been enroled for GST. The GST enrolment percentage for VAT and… Read More
One Person Company Registration in Delhi
The Companies Act, 2013 introduced the concept of one person company to take one step further in providing the more convenience in private limited company registration in India and introduced some relaxations to registration requirements of a private limited company… Read More
Private Limited Company Registration in Delhi
To start a small company with 2 members Private Limited Company Registration is a good option which facilitates the dignity of a Private Limited Company with a nominal amount of investment and less cost of registration. Along with various benefits… Read More
Trust Registration in Delhi
What do you understand by term “Trust” A Trust is a type of NGO which can be created by minimum 2 members competent to enter into a contract(only a person who has attained the age of 18 years can become… Read More
ITR for Assessement Year 2017-18
The central Board of Direct Taxes has intoduced the Income Tax Return (ITR) forms for Assessment year 2017-18. The CBDT in the new designed forms has taken a reform to introduce new simplified ITR form (Sahaj 1) which can be… Read More